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An Introduction to Trading In the Financial Markets: Technology: Systems, Data, and Networks by R. Tee Williams

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Glossary

Account master file One of the primary master files employed by many firms in the trading markets. The account master maintains mostly static details about each account. The static information combined with holdings makes reporting possible.

Actionable data or Actionable market data or Actionable prices or Actionable quote Information from a market center (or centers) that can be converted to an order ready for transmission through simple actions such as a mouse click or a drag-and-drop operation. Actionable market data implies an electronic linkage between the trader and the market or trading venue. Actionable market data is typically available only to those authorized by a firm or the market center to enter orders.

Activities Actions ...

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