Electronic Trading System
/ɪˌlɛktrɒnɪk ˈtreɪdɪŋ ˈsɪstəm/
Definitions
- (n.) A computerized platform or network that facilitates buying and selling of financial securities electronically, without direct human intervention on trading floors.
The stock exchange implemented a new electronic trading system to improve market efficiency.
Forms
- electronic trading system
- electronic trading systems
Related terms
See also
Commentary
In drafting, clarify the scope of the system as it may vary by jurisdiction; often encompasses rules governing order matching and trade reporting.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.