Super message

Super message

See: Autex

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.
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In addition, AutEx Messaging within ShareWatch Web allows users to send targeted IOIs, FIX messages, super messages and trade advertisements via the AutEx network resulting in streamlined workflow.
AutEx Messaging allows ShareWatch Web users to send targeted IOIs, FIX messages, super messages and trade advertisements via the AutEx network.