BEACON

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BEACON

Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

Boston Exchange Automated Communication Order-Routing Network

A computerized system allowing for the automatic execution of orders on any exchange in the United States at the consolidated market price.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

BEACON

A Boston Stock Exchange computerized system for automatically executing orders for stocks listed on any of the U.S. securities exchanges. Executions are made based on the prices posted in the consolidated market. Also called Boston Exchange Automated Communications Order-Routing Network.
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.