A Taxonomy of Automated Trade Execution Systems /

A taxonomy of existing and planned automated trade execution systems in financial markets is provided. Over 50 automated market structures in 16 countries are analyzed. The classification scheme is organized around the principle that such markets consist of an algorithm that performs a trade matchin...

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Bibliographic Details
Main Author: Domowitz, Ian
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 1992.
Series:IMF Working Papers; Working Paper ; No. 1992/076
Online Access:Full text available on IMF