redistributor agent

The institution that receives and redistributes certain business information, e.g. quote or order details, or facilitating trading. It may add or modify the information if necessary. Examples include: Alternative Trading Systems (ATS)- mechanisms whereby the direct trading of stocks can occur without the presence of brokers or other intermediaries, or Electronic Communications Networks (ECN) electronic stock markets anonymously matching buy and sell orders.

Euroclear glossary. 2008.

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  • redistributor agent — The institution that receives and redistributes certain business information, e.g. quote or order details, or facilitating trading. It may add or modify the information if necessary. Examples include: Alternative Trading Systems ( ATS) mechanisms …   Financial and business terms

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