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Securities > Intermarket Trading System (Its)

The following information is about Intermarket Trading System (Its).

Intermarket Trading System (Its) Defined

Electronic system that electronically links seven exchanges (New York, American, Boston, Cincinnati, Midwest, Pacific, and Philadelphia) and, to a limited extent, the NASD (National Association of Securities Dealers). For securities being quoted in more than one market, the system allows orders to execute in whatever market offers the best quotation. The system may be used by brokers affecting trades for public customers and by specialists and market makers trading for their own accounts.

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