Like a lot of the other guerrilla marketmakers, Citron and Levine got their start through Nasdaq's Small Order Execution System, or SOES. This allows orders of 1, 000 shares or fewer to be executed automatically at marketmakers' quots.

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Then a formal, thought-out system of supervision and risk management is created and applied at every level to ensure execution of the strategy and protection against internal and external threats.

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Like a lot of the other guerrilla marketmakers, Citron and Levine got their start through Nasdaq's Small Order Execution System, or SOES. An early response to critics of Nasdaq's voluntary dealer market, SOES allowed orders of 1, 000 shares or fewer to be executed automatically at marketmakers' advertised quotes.

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This system leverages LRPS and uses robotics to ensure greater precision in execution of the surgery.

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But, in other respects, the sudden execution of Mr Takuma was typical of Japan's murky system of capital punishment.

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The success of the bailouts from an execution and profitability standpoint will be debated endlessly, but from the standpoint of keeping the financial system intact it is difficult to argue with Geithner: the bailouts should never have been necessary, but when they became essential they had the desired effect.

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