SuperMontage System financial definition of SuperMontage System
SuperMontage (redirected from SuperMontage System)
The electronic system that operates the NASDAQ trading
system. It was introduced in 2002.
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.
References in periodicals archive
3) The extensive delays in launching the SuperMontage system
, for example, were at least partially due to the time it took to get SEC approvals.
The best price for each security is immediately posted on NASDAQ's SuperMontage system
if the order is not filled on the ECN.
As an attractive alternative to other market offerings, the combined business will also help preserve investor choice -- now and following the anticipated introduction of Nasdaq's SuperMontage system