Consolidated Last Sale Information is a current Regulation NMS defined term. This guide preserves the specific U.S. securities-rule scope instead of substituting an ordinary-language meaning.
ReviewedEvidence1 sourceSectionPhrases & Idioms
Quick answer
Under Regulation NMS, Consolidated Last Sale Information is the price, volume, and market identification of the most recent transaction report disseminated under an effective NMS plan.
Key details
Canonical FormConsolidated Last Sale Information
Core MeaningThe price, volume, and market identification of the most recent transaction report for a security disseminated under an effective national market system plan.
Further guidance
History Boundary
This page reflects the current reviewed 17 CFR § 242.600 definition and should be rechecked if Regulation NMS is amended.
Meaning
Section 242.600(b)(23) defines consolidated last sale information using the most recent transaction report and its price, volume, and market identification.
Usage Boundary
Keep the effective-NMS-plan dissemination condition; this is narrower than generic “last sale” information.
Sources and evidence
Sources are shown with the role they play in this guide. Historical or style-sensitive claims are kept within the evidence boundary described above.
Last Sale Data is a current Regulation NMS defined term. This guide preserves the specific U.S. securities-rule scope instead of substituting an ordinary-language meaning.
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Under current U.S. Regulation NMS definitions, consolidated display is the consolidated market-data display that includes the prices, sizes, and market-center identifications of the national best bid and offer together with consolidated last-sale information. Treat this as the Regulation NMS term and preserve its rule-specific components; do not use the page as a universal definition for every consolidated market-data product.
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