| 释义 |
DictionarySeeitsIntermarket Trading System
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.Intermarket Trading SystemA computerized trading system allowing investors and brokers access to more than one stock exchange. That is, the ITS effectively lists securities of participating exchanges on each other's boards. This allows investors to find the best price available for securities. The Cincinnati Stock Exchange was the first major exchange to adopt the ITS. See also: NMS.Intermarket Trading System (ITS) An interconnection of security trading floors that allows brokers and market makers to trade securities in additional markets. The system is intended to allow customers to obtain the most favorable price available on any of the participating exchanges. See also National Securities Trading System.AcronymsSeeITS |