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Automated Clearing House (ACH) |
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Automated Clearing House (ACH)A collection of 32 regional electronic interbank networks used to process transactions electronically with a guaranteed one-day bank collection float.Automated Clearing House (ACH) Similar MatchesAutomated bond system (ABS)Automated bond system (ABS)The computerized system that records bids and offers for inactively traded bonds until they are cancelled or executed on the NYSE. Automated teller maching (ATM)Automated teller maching (ATM)Computer-controlled terminal located on the premises of financial institutions or elsewhere, though which customers may make deposits, withdrawals or other transactions as they would through a bank teller. Other terms sometimes used to describe such terminals are customer-bank communications terminal (CBCT) and remote service unit (RSU)Groups of banks sometimes share ATM. Automated Order System (AOS)Automated Order System (AOS)Investment banks, computerized order entry system that sends single order entries to DOT (Odd-Lot) or to investment banks, floor brokers on the exchange. See: Round lot, GTC orders. Opening Automated Report ServiceOpening Automated Report ServiceProvides improved accuracy and efficiency for handling certain orders sent before trading opens. OARS receives, stores, and continuously tabulates market orders up to a specified size routed through the common message switch. It matches buy and sell interest in each stock, calculates imbalances, and reports them to specialists. Seconds after the specialist notifies OARS of an opening price, the system automatically generates and returns execution reports to originating firms, and submits the trade for automatic clearance and settlement. Bankers Automated Clearing ServicesBankers Automated Clearing ServicesBACS is an APACS clearing company which provides an automated clearing service for payments originated by Settlement Members or those they sponsor. Further SuggestionsAutomated Export SystemBoston Exchange Automated Communication Order Routing Network (BEACON) Stock Exchange Automated Quotation system European Association of Securities Dealers Automated Quotation automated pit trading Automated Pit Trading (APT) Security Industry Automated Corporation (SIAC) European Association of Securities Dealers Automated Quotation (EASDAQ) clearing house automated payment system Clearing House Automated Payments System (CHAPS) Japanese Association of Securities Dealers Automated Quotation System (Jasdaq) automated teller machine Stock Exchange Automated Trading System PLUS Automated Customer Account Transfer (ACAT) Stock Exchange Automated Quotation (SEAQ) International |
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