A limited order which is designed to be executed at one market center exclusively regardless of whether or not other market centers have better quotations published.
Related information about intermarket sweep:
- Intermarket sweep order - Wikipedia, the free encyclopedia
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- Intermarket Sweep | IB Knowledge Base
An intermarket sweep order is generally a large quantity limit order that is sent to multiple exchanges simultaneously. The trader submitting this type of order is ...
- Chapter 4: Sweeps and Intermarket Sweep Orders - Elite Trader
6. Chapter 4: Sweeps and Intermarket Sweep Orders. Sweeps are an automated execution feature introduced in the Hybrid Market expressly to allow electronic ...
- What is intermarket sweep? definition and meaning
Definition of intermarket sweep: A limited order which is designed to be executed at one market center exclusively regardless of whether or not other market ...
- Definition
An intermarket sweep order functions like an Immediate or Cancel limit order (or other order type and time in force), but it indicates that the firm sending the order ...
- Clean Sweep: Informed Trading through Intermarket Sweep Orders
through a vehicle known as an Intermarket Sweep Order (ISO). Specifically, we investigate the use of ISO's in samples of large, medium, and small capitalization ...
- Clean Sweep: Informed Trading Through Intermarket Sweep Orders ...
Aug 25, 2009 ... An ISO is a limit order designated for automatic execution in a specific market center even when another market center is publishing a better ...
- Clean Sweep: Informed Trading through Intermarket Sweep Orders
This paper examines the use of the Intermarket Sweep Orders (ISOs) and, in particular, whether ISOs are primarily used by informed or uninformed traders.