Small Order Execution System - SOES
A computer network that automatically executes trades in Nasdaq market securities and some Nasdaq SmallCap securities. This allows individual investors to execute trades in fast moving markets.
Investopedia Commentary
SOES is for individual traders with orders less than or equal to 1000 shares.
Related Links
Electronic Trading Tutorial
See also: CN, Nasdaq, Order Splitting, Small Cap, SOES Bandits
Also spelled: SOES