Series 7: 17.6.1.1. Consolidated Quotation System

Taken from our Series 7 Online Guide

17.6.1.1. Consolidated Quotation System

The Consolidated Quotation System (CQS) displays quotations for exchange-listed securities across multiple exchange markets. The consolidated tape displays the latest real-time trade information online and by ticker tape for all listed stocks on all U.S. exchanges, including current price and volume activity.

All the exchanges, including Nasdaq, are members of the Consolidated Tape Association and t

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