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Autex finance term by http://www.bailygibson.co.uk/ Louis Vuitton Handbags Sale the free online dictionary Video communication network through which brokerage houses alert institutional investors of their desire to transact block business(A purchase Louis Vuitton M40156 or sale)In a given security.Indications transmit small, medium,Andlarge sizes only, with occasional limits mentioned.Supers are messages with specific sizeAndprice included.Both"Indications"And"Supers"Can be only seen by customers(Institutional subscribers to). Trade recaps, advertised block trades entered by the dealer/subscribers, are also displayed, but can be seen byBothinstitutionsAnddealers.Allows brokerdealers to find a better, or at least a similar, counteroffer from another brokerdealer.This allows them to transact with other brokerdealers rather than automatically sending the block to the market maker, who is obliged to fill the order if need be.Is less commonly called the super message.An electronic network alerting brokerdealers to the interests of other brokerdealers 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 system to determine whether other brokerdealers are interested in, or have customers interested in, acquiring that block of stock.
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