Hybrid market,

Definition of Hybrid market:

1. Hybrid markets offer market participants the option to choose between human floor brokers, who ■■■■■■■ transactions on the physical trading floor, and fully automated electronic exchange systems. Although both of these approaches have distinct advantages and disadvantages, there has been a general movement toward purely electronic order fulfillment in recent years.

2. A hybrid market is an exchange through which traders can use both automated trading systems and traditional floor brokers in order to ■■■■■■■ transactions. In the United States, the most famous example of a hybrid market is the New York Stock Exchange (NYSE).

3. An order fulfillment system that combines an open outcry auction with an electronic order handling system. Hybrid trading systems are in use, to some degree, at every U.S. exchange that continues to conduct live auction trading.

How to use Hybrid market in a sentence?

1. A famous example is the NYSE, which became a hybrid market in Jan. 2007.
2. A hybrid market is an exchange that offers both human floor trading and electronic trade ■■■■■■■■■.
3. Today, human floor trading is mainly utilized by large institutional investors, who rely on the human judgment of floor brokers when placing large and complex trades. .