---
title: "NBBO"
type: concept
related: [Nbbo]
source: https://www.jemoka.com/posts/kbhnbbo/
confidence: high
status: active
---

NBBO is the composite best bid/ask nationally, across all of the exchanges.
It allows the average person on the street to get a price for the asset. The government system is actually SLOWER from the fastest exchange: you can know, within microseconds, the difference.
