0
What else can I help you with?
What is continuous quality system?
A Continuous Quality System (CQS) is an approach that emphasizes ongoing improvement and assurance of quality in processes, products, or services. It involves systematic monitoring, assessment, and refinement of operations to meet or exceed established quality standards. By integrating feedback loops and data analysis, CQS aims to foster a culture of quality within an organization, ensuring that improvements are consistently implemented and sustained over time. This methodology is often applied in various industries, including manufacturing, healthcare, and software development, to enhance efficiency and customer satisfaction.
What does SIP mean for an electronic stock exchange?
Securities Information Processor. They're the ones that implement "the tape". For example, IBM trades on multiple exchanges/ECNs. Each exchange/ECN reports bid/ask and prints trades to a common reporting facility - the SIP. For NYSE,AMEX listed securites, the SIP is the CTA (Consolidated Tape Association) and they disseminate this information real-time through the market data feeds CTS (Consolidated Tape System) and CQS (Consolidated Quote Syetem). NASDAQ-listed securities have their own SIP and tape system, as do the options market.
