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 Invoice Price:
- Examples The price that the buyer of a futures contract must pay the seller when a Treasury bond is delivered intermarket trading system (its) definition.
- Definition Incremental Cost Of Capital:
- Examples Average cost applicable to the issue of each additional unit of debt and equity intermarket trading system (its) explain.
- Definition Inheritance Tax Return:
- Examples Tax form required to determine the amount of state tax due on an inheritance intermarket trading system (its) what is.
- Definition International Diversification:
- Examples reduce risk by investing in more than one nation. By diversifying across nations whose economic cycles are not perfectly correlated, investors can typically reduce the variability of their returns intermarket trading system (its) meaning.
- Definition Incentive Fee:
- Examples Compensation paid to commodities trading advisers or to any practitioner who achieves above-average returns. Sometimes called performance fee intermarket trading system (its) abbreviation.
