electronic trading facility
Defined in 1 place of the United States Code.
The term “electronic trading facility” means a trading facility that—
(A) operates by means of an electronic or telecommunications network; and
(B) maintains an automated audit trail of bids, offers, and the matching of orders or the execution of transactions on the facility.
Source
- 2000–present7 U.S.C. § 1AAgriculture · Definitions · as used in this chapter