A computer system that facilitates trading on the American Stock Exchange for small orders. AUTOPER sends buy or sell orders to the appropriate specialist on the exchange floor, allowing him/her to execute and report trades at the same time. See also: ECN.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
An electronic trading and reporting system used by the American Stock Exchange for small orders. AUTOPER allows a specialist to execute an order and report the trade automatically.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.