Intermarket trading system

• Is the network which links the trading floors of several registered exchanges. It encourages competition in issues listed on the American or New York Stock Exchanges with the other participating regional exchanges. The competitive edge occurs if there is a better price out in the network than on a particular exchange. If so, then a broker or market maker can execute at that better price.


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 Embedded terms in definition
Market maker
New york stock exchange
Stock exchange
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