Meaning INTERMARKET TRADING SYSTEM (ITS): Electronic communications network linking the trading floors of seven registered exchanges to permit trading among them in stocks listed on either the NYSE or AMEX and one or more regional exchanges. Through ITS, any broker or market maker on the floor of any participating exchange can reach other participants for an execution whenever the nationwide quote shows a better price available. A floor broker on the exchange can enter an ITS order to assure excecution of all of an offering or bid, instead of splitting it with competing brokers
More terms such as Intermarket Trading System (ITS) in Dictionary I.
- Definition Immunization:
- Examples The construction of an asset and a liability match that benefits from offsetting changes in value intermarket trading system (its) definition.
- Definition International Bank For Reconstruction And Development (IBRD):
- Examples IBRD or World Bank makes loans at nearly conventional terms to countries for projects of high economic priority intermarket trading system (its) explain.
- Definition Interim Statement:
- Examples A financial statement that reflects only a limited period of a company's financial statement, not the entire fiscal year intermarket trading system (its) what is.
- Definition Institutional Broker:
- Examples A broker who buys and sells securities for institutional investors such as banks, and mutual funds, pensions intermarket trading system (its) meaning.
- Definition Interest Rate Futures Contract:
- Examples A futures contract based on an interbank deposit rate or an underlying debt security. The value of the contract rises and falls inversely to changes in interest rates intermarket trading system (its) abbreviation.
