In the case of an aggressive buyer or seller, the market venue or routing system must rely on NMS-defined intermarket sweep orders (ISOs) routed to displayed and auto-ex orders at the same time as executing the block.
What does ISO stand for?
ISO stands for Intermarket Sweep Order (finance)
This definition appears somewhat frequently and is found in the following Acronym Finder categories:
- Business, finance, etc.
See other definitions of ISO
We have 376 other meanings of ISO in our Acronym Attic
- Installation Support Office
- Instead Of
- Institutional Support Office
- Instructional Services Office (various schools)
- Insurance Service Organization
- Insurance Services Office, Inc. (CMSP and PLSP statistics are reported to this rate making organization)
- Insurance Support Organization
- Integration Staff Officer
- Intelligence and Security Office(r)
- Intensive Supervision Officer
- Intermediary Services Organization
- Internal Sales Order
- Internal Service Order
- International Organization for Standardization
- International Satellite Organization
- International Scholar Office (University of California, San Diego)
- International Science Olympiad
- International Socialist Organization
- International Society of Organbuilders
- International Standards Organization (common, but incorrect)
Samples in periodicals archive:
The TABB report, in summarizing the National Market Structure (NMS) Rule 611 and its impact, explains the need for private linkages, how participants are repositioning themselves, the importance of being an exchange under the Order Protection Rule and the effect of the rule on best execution, intermarket routing and the various exemptions to the rule, including an intermarket sweep order.