Registered Representative Rapid Response Service(redirected from R4 Service)
Registered Representative Rapid Response Service
An automated system on the NYSE filling buy and sell orders for certain securities at the best available price. The system allows registered representatives to fill certain orders without resorting to a specialist.
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Registered Representative Rapid Response Service (R4)
An automated stock trading system used on the New York Stock Exchange that provides immediate execution for a limited list of stocks at the best quoted price.
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.