SOES Bandits



A slang term for traders who make rapid buy and sell orders, using the SOES system, in order to make a profit from small price changes.


Since the SOES executes orders of 1000 shares or less immediately, an SOES bandit has a greater chance of profiting since the bid-ask spread is tight and prices are extremely accurate.

  1. Small Order Execution System - ...

    A computer network that automatically executed trades in Nasdaq ...
  2. Day Trader

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  3. Scalper

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  4. Arbitrage

    The simultaneous purchase and sale of an asset in order to profit ...
  5. Bid-Ask Spread

    The amount by which the ask price exceeds the bid. This is essentially ...
  6. Market Maker

    A broker-dealer firm that accepts the risk of holding a certain ...
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