Inet was an electronic trading platform based on a system developed by Instinet in the 1970s that merged with Island ECN in 2002 and was subsequently acquired by NASDAQ in 2005. Inet, like other electronic communication networks, was an order-pairing system that give brokerage firms the power to electronically track and match reciprocal buy and sell orders at the same limit price and lot size.
Inet was an electronic trading platform based on a system developed by Instinet in the 1970s that merged with Island ECN in 2002 and was subsequently acquired by NASDAQ in 2005. Inet, like other electronic communication networks, was an order-pairing system that give brokerage firms the power to electronically track and match reciprocal buy and sell orders at the same limit price and lot size.
Source: Wikipedia "Inet" · CC BY-SA 4.0
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