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  5. Order-Driven Trading System

Order-Driven Trading System

Definition of 'Order-Driven Trading System'

Buy and sell orders for securities are entered on a central computer system, and investors are automatically matched according to the price and volume they entered.

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Related Terms

Matched Bargain Trading SystemStock Exchange Electronic Trading SystemBig Bang IISETSRetail Service ProviderQuote Driven Trading SystemAutomated Pit Trading (ATP) SystemTradepointTrading PitAt Best OrderLimit OrderTokyo Stock Exchange (TSE)Quote DrivenCRESTStock Exchange Alternative Trading ServiceTrading FloorBill of ExchangeEconomic Order QuantityEOQGTC

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