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SuperMontage
(redirected from SuperMontage System)

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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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As NASDAQ consolidates its trading services to a common functionality within the NASDAQ SuperMontage system, it has elected to no longer offer the Primex Auction System as a facility of NASDAQ, effective January 16, 2004.
The best price for each security is immediately posted on NASDAQ's SuperMontage system if the order is not filled on the ECN.
Instinet does not believe that the introduction of Nasdaq's SuperMontage system has had a material effect on its market share performance.
 
 
 
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