Browse Definitions :
Definition

DROP (delivery of real-time execution information protocol)

DROP (delivery of real-time execution information protocol) is a feature of various NASDAQ (National Association of Securities Dealers Automated Quotations) protocols that allows a subscriber to continuously view vital information about trades including the date and time, the participants (by symbol or icon), order identification data, condensed descriptions, the exchange prices and relevant commissions. DROP is a feature of the ITCH, OTTO, RASHport and OUCH protocols.

DROP facilitates the ease and effectiveness with which NASDAQ customers conduct business in the options market. Protocols that incorporate DROP help subscribers to monitor, place, execute or cancel orders. OUCH and similar protocols allow subscribers to integrate NASDAQ into proprietary networks. In this context, the term real-time refers to the ability of a computer or system to keep track of some external process such as weather parameters, election returns or stock market activity on a moment-to-moment basis.

This was last updated in January 2008
SearchCompliance
  • OPSEC (operations security)

    OPSEC (operations security) is a security and risk management process and strategy that classifies information, then determines ...

  • smart contract

    A smart contract is a decentralized application that executes business logic in response to events.

  • compliance risk

    Compliance risk is an organization's potential exposure to legal penalties, financial forfeiture and material loss, resulting ...

SearchSecurity
  • DOS (disk operating system)

    A DOS, or disk operating system, is an operating system that runs from a disk drive. The term can also refer to a particular ...

  • private key

    A private key, also known as a secret key, is a variable in cryptography that is used with an algorithm to encrypt and decrypt ...

  • security token

    A security token is a physical or digital device that provides two-factor authentication for a user to prove their identity in a ...

SearchHealthIT
SearchDisasterRecovery
  • What is risk mitigation?

    Risk mitigation is a strategy to prepare for and lessen the effects of threats faced by a business.

  • change control

    Change control is a systematic approach to managing all changes made to a product or system.

  • disaster recovery (DR)

    Disaster recovery (DR) is an organization's ability to respond to and recover from an event that affects business operations.

SearchStorage
  • What is RAID 6?

    RAID 6, also known as double-parity RAID, uses two parity stripes on each disk. It allows for two disk failures within the RAID ...

  • PCIe SSD (PCIe solid-state drive)

    A PCIe SSD (PCIe solid-state drive) is a high-speed expansion card that attaches a computer to its peripherals.

  • VRAM (video RAM)

    VRAM (video RAM) refers to any type of random access memory (RAM) specifically used to store image data for a computer display.

Close