Jump to content

Order matching system

From Wikipedia, the free encyclopedia
This is an old revision of this page, as edited by ChrisGualtieri (talk | contribs) at 18:13, 10 August 2012 (Typo fixing, typos fixed: and and → and using AWB). The present address (URL) is a permanent link to this revision, which may differ significantly from the current revision.

Electronic trade matching is a process whereby a computer system matches buy and sell orders for a security on a stock market or commodities market. Electronic trade matching was introduced in the early 1990s in the United States to supplement open outcry trading.[1] In modern trading, the trade matching system is part of a larger electronic trading system which also allows order entry at the user level and order execution at the exchange level.

See also

References

  1. ^ Commodity Exchange Act Cea: Issues Related to the Regulation of Electronic Trading by Thomas J. McCool, Cecile O. Trop 2000 ISBN 0-7567-0329-8 page 18
Retrieved from "https://en.wikipedia.org/w/index.php?title=Order_matching_system&oldid=506762975"