HomeDefinitionsCompareDebt Intermarket Trading System (ITS)The financial definition for Intermarket Trading System (ITS):Electronic communications network linking the trading floors of seven registered exchanges to permit trading among them in stocks listed on either the NYSE or AMEX and one or more regional exchanges. Through ITS, any broker or market maker on the floor of any participating exchange can reach other participants for an execution whenever the nationwide quote shows a better price available. A floor broker on the exchange can enter an ITS order to assure excecution of all of an offering or bid, instead of splitting it with competing brokers. Similar MatchesIntermarket sector spreadIntermarket sector spreadThe spread between the interest rate offered in two sectors of the bond market for issues of the same maturity. Intermarket Surveillance Information System (ISIS)Intermarket Surveillance Information System (ISIS)A database that distributes information from all the major stock exchanges in the United States. Click to compare definitions of Intermarket Trading System (ITS) Click to view definitions beginning in |