The nyse's systems processed a traffic flow comparable to that of October 19, 1987, in much less time and at much higher message rates.
23 Future capacity estimates also should take into consideration increased message traffic resulting from planned modifications to existing systems or the introduction of new systems.
The SROs also should institute procedures to continue periodic Stress Tests of all of their automated systems and report the results of those tests to the Division.
The nasd has developed a system, called Automated Confirmation Transaction ACT that facilitates the automated clearing of pre-negotiated trades.The increase in trading volume noted above also has had a ripple effect on the degree of automation of other SRO functions auxiliary to order execution.See nasdaq Fact Book (1989).Forex automated systems are also ideal for traders who wish to benefit from market opportunities without being tied to the markets at all times.Effective date: November 16, 1989.To learn more about Dukascopy Bank CFD / Forex trading platform, swfx and other trading related information, please call us or make callback request.Full market depth option!Finally, the Cincinnati Stock Exchange CSE has established a fully automated electronic trading system, National Securities Trading System nsts that permits CSE members, without having to maintain a physical presence on the CSE floor, to enter agency or principal orders into the system through remote.
identified potential weak lines when many systems were stressed at rates in excess of 600-million-share-day levels; collected extensive information about systems' behavior under heavy loads;.
As a preliminary matter, it appears that this may have produced a communications delay between the computers that operate the basic nasdaq System and the computers that operate soes, causing orders to executed based on delayed"tions.On the contrary, the Commission believes come investire i soldi oggi nel miglior modo the SROs have made great strides since October 1987 to increase the capacity of their systems and the Commission is encouraged that planned enhancements to these systems will further strengthen the integrity of the securities markets.Opra, in turn, processes this information and disseminates it to vendors.If the Commission becomes concerned over the level of voluntary compliance with this Policy Statement, it may propose a rule that would place an affirmative obligation on the SROs to obtain a periodic review of their automated systems.14, the effect of the earthquake in Northern California on the PSE during the week of October 16-20, 2989, demonstrates the vulnerability of the securities markets to external circumstances.27 Pursuant to its oversight examination authority, the Commission expects to request the SROs to provide the Commission copies of the reports, which have been prepared, describing the findings of the independent reviewer. demonstrated that member firms can deliver orders to and receive reports from the nyse at 600-million-share-day message rates;.2 at 41-42 Special Study Report and Market Break Study, supra note 4,.Institutional investors and broker-dealers increasingly have employed trading strategies that involve the purchase or sale of a large number of stocks simultaneously basket trading.
Katz Secretary Dated: November 16, 1989 Footnotes 1 Trading volume dropped in 1988.8 billion shares, however, following an all-time high.8 billion shares for 1987.
Under these plans,"tion and trade reports are submitted by participating markets electronically to a central processor, the Securities Information Automation Corporation siac.
Traders can develop their strategies based on multiple currency pairs.