continuous trading

Definition

Process for carrying out instructions for brokers and dealers to buy and sell securities as soon as the orders are received or as soon as the desired price becomes obtainable. For example, a limit order requires the broker to carry out the order as soon as the specified price becomes available. Continuous trading contrasts with batch trading, which gathers like orders and carries them out all at once. Except at opening, all securities are bought and sold in the United States by continuous trading.
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continuous quotation system continuously offered longer-term securities (COLTS)