Autex


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Autex

Video communication network through which brokerage houses alert institutional investors of their desire to transact block business (a purchase or sale) in a given security. Indications transmit small, medium, and large sizes only, with occasional limits mentioned. Supers are messages with specific size and price included. Both "indications" and "supers" can be only seen by customers (institutional subscribers to Autex). Trade recaps, advertised block trades entered by the dealer/subscribers, are also displayed, but can be seen by both institutions and dealers. See: Expunge, size.

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.

Autex

An electronic network alerting broker-dealers to the interests of other broker-dealers in buying or selling large blocks of securities. For example, a broker may have an institutional customer interested in disposing of 100,000 shares of a stock. Rather than dumping such a large order on the exchange specialist, the broker could use the Autex system to determine whether other broker-dealers are interested in, or have customers interested in, acquiring that block of stock.
References in periodicals archive ?
Kalinova, Presented at the 7th World Textile Conference AUTEX, Tampere-Finland (2007).
Winterflood will distribute IOI content for small-, medium- and large-cap European securities via Autex and aims to improve matches via its SMART IOI algorithm, which supplements broker-dealers' target list with additional active buy-side clients.
De acordo com informacoes obtidas com a equipe prestadora de assistencia tecnica, esse atraso e devido aos tramites legais necessarios a emissao das autorizacoes de exploracao (AUTEX).
Seppala, "Electrospun nanofibers prepared by two methods: in situ emulsion polymerized PVA/nanoTiO2 and mixing of functional-PVA with nano TiO2," Autex Research Journal, vol.
Rybicki, "Novel reactive red eyes," Autex Research Journal, vol.
Efficient collective tools at EU level: the Textile and Clothing, technology platform with many collaborative projects that have led to cross fertilisation between applicative markets, textile companies and researchers; a European network involving the main textile technology institutes (Textranet) university networks (AUTEX) as well as a network involving the main innovative textiles regions.
Cherif, "Plain stitch-bonded multi-plies for textile reinforced concrete," Autex Research Journal, vol.
Whereas Knight once accounted for 20 percent of the market-making activity in shares of Apple Inc., by midday Friday it was the market maker for 2 percent of the volume, according to Thomson Reuters AutEx.
Thirty leading sell-side brokers and buy-side firms in the Middle-East have signed-up to Thomson Reuters Autex Trade Route, one of the world's largest global order routing networks, in order to connect easily to international markets and offer the international buy-side community unprecedented broker-neutral access to local markets in the Middle-East.
Thomson Reuters said 30 leading banks, including sell-side brokers and buy-side firms in the Middle East, have signed up to its order routing network, Autex Trade Route for connection to global markets.
Russell, Design of Nonwoven Scaffold Structures for Tissue Engineering Of the Anterior Cruciate Ligament, Autex Research Journal, 4, 86-94(2004).
"Electroactive fabrics and wearable biomonitoring devices." AUTEX Research Journal 3(4): 180-185.