For example, you can build an automated trading system.

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That includes pushing ahead with the next phase of NYSE's "hybrid" trading model, which pushes more trading in the most liquid stocks to an automated system and leaves the trading of more illiquid or highly volatile stocks in the hands of the specialists on the floor.

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In October the American National Standards Institute accepted a proposal to develop a system of quality standards to be dubbed AT 9000. (AT stands for automated trading.) Kumiega, Van Vliet and a handful of others, including finance industry professionals, belong to a working group that is drafting the proposed system of standards.

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