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SuperMontage

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SuperMontage
The electronic system that operates the NASDAQ trading system. It was introduced in 2002.

SuperMontage
A Nasdaq trading platform introduced in late 2002 to compete with systems used by electronic communications networks such as Instinet. The new platform was designed to provide better organization of data for security traders.


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Product examples include Thomsit P685, Pattex Supermontage and Sista Solyplast SP 201.
In 2004, for example, NASDAQ's SuperMontage executed only around 17 per cent of the trading volume in the companies listed on NASDAQ, while the NYSE executed 78 per cent of trading by volume in the companies listed on the NYSE.
New features include free simulated trading accounts, free ECN depth of books, free news, enhanced order entry, vast order types, automated routing capabilities, SuperMontage for exchange-listed securities, button trading and customizable order entry.
 
 
 
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