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. Institutional Investor

    A non-bank person or organization that trades securities in large ...
  2. Block Trade

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

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

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

    AUTEX is an electronic platform from Thomson Financial that allows ...
  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. Keeping An Eye On The Activities Of ...
    Options & Futures

    Keeping An Eye On The Activities Of ...

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

    What's the difference between institutional ...

  4. Electronic Trading Tutorial
    Retirement

    Electronic Trading Tutorial

comments powered by Disqus
Hot Definitions
  1. Elasticity

    A measure of a variable's sensitivity to a change in another variable. In economics, elasticity refers the degree to which ...
  2. Tangible Common Equity - TCE

    A measure of a company's capital, which is used to evaluate a financial institution's ability to deal with potential losses. ...
  3. Yield To Maturity (YTM)

    The rate of return anticipated on a bond if held until the maturity date. YTM is considered a long-term bond yield expressed ...
  4. Net Present Value Of Growth Opportunities - NPVGO

    A calculation of the net present value of all future cash flows involved with an additional acquisition, or potential acquisition. ...
  5. Gresham's Law

    A monetary principle stating that "bad money drives out good." In currency valuation, Gresham's Law states that if a new ...
  6. Limit-On-Open Order - LOO

    A type of limit order to buy or sell shares at the market open if the market price meets the limit condition. This type of ...
Trading Center