Invention, Innovation and Entrepreneurship Begin at the NYU Polytechnic School of Engineering

Innovation begins at the NYU Polytechnic School of Engineering:

MAKING THE TICKER RUN SMOOTHLY engineering.nyu.edu/i2e

CATT FACULTY

NASDAQ Automated Quote System and NYSE Floor Design The faculty members of the NYU Polytechnic School of Engineering’s Center for Advanced Technology in Telecommunications (CATT) were instrumental in the ground-breaking development and design of both the NASDAQ Automated Quote System—the first nationwide, real-time, financial trading system­—and its trading floor. The Automated Quote System displays both the highest and lowest bid offers and public

quotes of market, which enables traders to enter and execute orders.

The trading floor allows for transparency of trading from all aspects— providing ubiquitous information while keeping traders abreast of trades up to the very second. Both the software and the architecture have made stock trading faster and more efficient through transparency and accessibility.

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