Menu Close

Automated Order System (AOS) Definition

Definition

The word automatic arrangement system identifies to a computerized system which implements directions to the designated sequence turn around system or even to floor brokers taking care of the market. The automatic arrangement system paths the trader’s directions in order that they are able to be immediately implemented.

Explanation

The Automated Order System, or even AOS, can be a software application that automatically routes orders into the designated sequence system, regarding odd couple requests, or directly into brokers taking care of to the bottom within a market.

Automated trading platforms such as AOS have the capacity to execute orders together with speed and accuracy. By eliminating human intervention within this period of this order-handling procedure, these systems may diminish the amount of errors. Finallythey’re also equipped to supply yet another level of security against fraud, and so helping to regulate hazard too.