Listen to a Business English Dialogue About Small order execution system
Gabrielle: Hi Eliana, have you heard of the Small Order Execution System (SOES) in finance?
Eliana: No, I haven’t. What is it?
Gabrielle: SOES is a computerized trading system that allows investors to execute small orders quickly and efficiently on the stock market.
Eliana: Oh, I see. How does the Small Order Execution System work?
Gabrielle: The SOES automatically matches buy and sell orders for small quantities of stocks at the best available prices, providing liquidity for small investors.
Eliana: That sounds convenient. Are there any limitations to using the Small Order Execution System?
Gabrielle: One limitation is that it’s primarily designed for small orders, so larger orders may not be executed as effectively through SOES.
Eliana: Got it. How has the Small Order Execution System impacted the stock market?
Gabrielle: The SOES has increased market efficiency and accessibility for small investors, allowing them to participate more actively in the stock market.
Eliana: Thanks for explaining, Gabrielle. The Small Order Execution System seems like a helpful tool for individual investors.
Gabrielle: You’re welcome, Eliana. It has indeed democratized access to the stock market for small investors.