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Cincinnati Stock Exchange (CSE)
Stock exchange based in Cincinnati that is the only fully automated stock exchange in the US. It has no trading floor, but handles all members' transactions using computers.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.
National Stock Exchange
The oldest fully electronic stock exchange in the United States. Founded as the Cincinnati Stock Exchange in 1885, it closed its trading floor in 1980 and became America's first fully computerized exchange, largely due to the efforts of Bernard Madoff. Six years later, it became the first exchange to adopt the Intermarket Trading System, which allowed its members to interface with all other exchanges.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
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.