A company whose different branches are linked by a communications system enabling the sharing of financial information, research, and prices.
Investopedia Says:
Banks are a good example of this, the different branches are connected to allow a customer's information to be used at any branch of that bank.
Related Links:
The way trading is conducted is changing rapidly as exchanges turn toward automation. The Global Electronic Stock Market
DATs can dramatically speed up order execution - find out how this system gives novice traders an edge. Direct Access Trading Systems
Learn about the systems that run the market. Topics include market makers, specialists, SuperDOT, ECNs, SOES, Level I, II, and III Access, and more. Electronic Trading Tutorial
Larger firms provide more resources, while smaller ones may be more flexible. Firm Size Key Issue In Financial Advisor Job Hunt
Copyright ©2010, Investopedia.com - Owned and Operated by Investopedia US, A Division of ValueClick, Inc. All rights reserved.