Printer Friendly
The Free Dictionary
904,288,396 visitors served.
?
Dictionary/
thesaurus
Medical
dictionary
Legal
dictionary
Financial
dictionary
Acronyms
 
Idioms
Encyclopedia
Wikipedia
encyclopedia
?

Autex

    0.07 sec.
Autex
Video communication network through which brokerage houses alert institutional investors of their desire to transact block business (a purchase or sale) in a given security. Indications transmit small, medium, and large sizes only, with occasional limits mentioned. Supers are messages with specific size and price included. Both "indications" and "supers" can be only seen by customers (institutional subscribers to Autex). Trade recaps, advertised block trades entered by the dealer/subscribers, are also displayed, but can be seen by both institutions and dealers. See: Expunge, size.

Autex
An electronic network alerting broker-dealers to the interests of other broker-dealers in buying or selling large blocks of securities. For example, a broker may have an institutional customer interested in disposing of 100,000 shares of a stock. Rather than dumping such a large order on the exchange specialist, the broker could use the Autex system to determine whether other broker-dealers are interested in, or have customers interested in, acquiring that block of stock.

?Page tools
Printer friendly
Cite / link
Email
Feedback
Add definition
? Mentioned in ? References in periodicals archive
 
Thomson properties include a number of units that also offer financial information and services, including First Call/Thomson Financial, American Banker, AutEx, Electronic Settlements Group and Securities Data.
Moitoso built the industry-leading AutEx BlockDATA business virtually from scratch.
According to AutEx, Jefferies has been the #1 trader of maritime stocks with a primary exchange in the U.
 
Financial browser? ? Full browser
 
 
Financial Dictionary
?

Disclaimer | Privacy policy | Feedback | Copyright © 2008 Farlex, Inc.
All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional. Terms of Use.