Expunge

AAA

DEFINITION of 'Expunge'

An action that destroys any record of an AUTEX indication. Expunging an indication will permanently remove an trace of a trader's advertisement for a block order.

INVESTOPEDIA EXPLAINS 'Expunge'

Canceling an AUTEX indication will prevent the notice from being displayed. Once removed, the indication still remains on the historical records. This may not be desirable for some traders, who want no permanent record of their desire to buy or sell a large volume of stock. Expunging the indication will remove it from the display and prevent it from being stored in historical data.

RELATED TERMS
  1. Block Trade

    An order or trade submitted for sale or purchase of a large quantity ...
  2. Market Order

    An order that an investor makes through a broker or brokerage ...
  3. Block

    A large amount of the same security bought or sold by institutional ...
  4. AUTEX

    AUTEX is an electronic platform from Thomson Financial that allows ...
  5. Institutional Investor

    A non-bank person or organization that trades securities in large ...
  6. Business Broker

    A professional who specializes in the purchase and sale of companies. ...
Related Articles
  1. Direct Access Trading Systems
    Options & Futures

    Direct Access Trading Systems

  2. What's the difference between institutional ...
    Retirement

    What's the difference between institutional ...

  3. Keeping An Eye On The Activities Of ...
    Options & Futures

    Keeping An Eye On The Activities Of ...

  4. Electronic Trading Tutorial
    Retirement

    Electronic Trading Tutorial

comments powered by Disqus
Hot Definitions
  1. Walras' Law

    An economics law that suggests that the existence of excess supply in one market must be matched by excess demand in another ...
  2. Market Segmentation

    A marketing term referring to the aggregating of prospective buyers into groups (segments) that have common needs and will ...
  3. Effective Annual Interest Rate

    An investment's annual rate of interest when compounding occurs more often than once a year. Calculated as the following: ...
  4. Debit Spread

    Two options with different market prices that an investor trades on the same underlying security. The higher priced option ...
  5. Odious Debt

    Money borrowed by one country from another country and then misappropriated by national rulers. A nation's debt becomes odious ...
  6. Takeover

    A corporate action where an acquiring company makes a bid for an acquiree. If the target company is publicly traded, the ...
Trading Center