Autex


Also found in: Acronyms.

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 allowing broker-dealers to communicate with each other easily when they receive orders to buy or sell a large block of securities. Autex allows broker-dealers to find a better, or at least a similar, counter-offer from another broker-dealer. This allows them to transact with other broker-dealers rather than automatically sending the block to the market maker, who is obliged to fill the order if need be. Autex is less commonly called the super message.

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.
References in periodicals archive ?
Abu Dhabi Financial Services (ADFS), Al Jazira Capital, Al Rajhi Capital, Al Ramz Securities, Arqaam Capital, BankMuscat, Commercial International Brokerage, EFG Hermes, EmiratesNBD Securities, HC Brokerage, HSBC Saudi Arabia, Oman Arab Bank, QNB Financial Services and Sambacapital are among the firms from the Middle-East that are now using Thomson Reuters Autex Trade Route.
Autex Trade Route will help these firms to connect easily to international markets and offer the international buy-side community unprecedented broker-neutral access to local markets in the Middle-East, said a senior official.
Kalinova, Presented at the 7th World Textile Conference AUTEX, Tampere-Finland (2007).
Thomson Reuters' global financial desktop franchise will benefit from this through our existing integration of Tradeweb's AutEx.
This newly-integrated service utilizes Fidessa's flexible IOI list management toolset and allows Fidessa-connected brokers to leverage AutEx to intelligently route Smart IOIs to the buy-side community directly from their Fidessa platform," said Martin Hakker, EVP Marketing at Fidessa.
Arbora Holding Johnson & Johnson Arosa Jover Sanitex Ausonia Higiene Laboratorios Autex Celatose Iberica Laboratorios Unitex-Hartmann Celulosas de Mollina Lhysa Celulosas de Valencia Molnlycke Exclusivas Rimar Patricio Hellin Capel Fibras Sanitarias Textil Farmaceutica Riojana Indas Textil Planas Oliveras Industrias Tamarco Table 3
Arbora 40% Autex 22% Lhysa 10% Others 10% Private labels 18%
From the various Spanish pieces of the Vp-Schickedanz operations, Laboratorios De Higiene Y Salud (LYHSA) Srl has been formed, while the Fater Group's baby diaper businesses are now under the Laboratorios Autex name.
Moitoso built the industry-leading AutEx BlockDATA business virtually from scratch.
As part of the integration of the former Thomson Financial and Reuters suites of products, the company has added Tradeweb's AutEx data into its premium desktop products and interconnected Tradeweb Routing Network and Reuters Order Routing.
Following today's announcement, Reuters 3000 Xtra and Reuters Station customers can access the recap screen of AutEx, the world's premier order indication and advertised trade service.
According to AutEx, Jefferies has been the #1 trader of maritime stocks with a primary exchange in the U.