Autex: Video communication network through which brokerage houses alert institutional investors of their desire to transact block business (a purchase or sale) in a given security. Indications transmit small, medium, and large sizes only, with occasional limits mentioned. Supers are messages with specific size and price included. Both 'indications' and 'supers' can be only seen by customers (institutional subscribers to Autex). Trade recaps, advertised block trades entered by the dealer/subscribers, are also displayed, but can be seen by both institutions and dealers. See: Expunge, size.

 

Related Words

Autex: Video communication network through which brokerage houses alert institutional investors of their desire to transact block business (a purchase or sale) in a given security. Indications tran . . . View Full Definition

No Autex: Used in the context of general equities. 'No buy or sell interest should be entered into the Autex (advertising) system.' Inquirers do not want exposure of an inquiry to affect the price at . . . View Full Definition

Out: Any ball that lands outside the play area

Indication Of Interest: (1) Notice given by a dealer (through Autex) or customer of an interest in buying or selling stock, sometimes including specific volume and price; (2) approximation of where a specialist see . . . View Full Definition