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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 MatchesOpening 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. Automated Pit Trading (APT)Automated Pit Trading (APT)Introduced in 1989, APT is the LIFFE screen-based trading system that replicates the open outcry method of trading on screen. APT is used to extend the trading day for the major futures contracts as well as to provide a daytime trading environment for non-floor trading products. European Association of Securities Dealers Automated Quotation (EASDAQ)European Association of Securities Dealers Automated Quotation (EASDAQ)European equivalent of Nasdaq. 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. 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. Further SuggestionsAutomated Order System (AOS)Automated bond system (ABS) Automated Customer Account Transfer (ACAT) Japanese Association of Securities Dealers Automated Quotation System (Jasdaq) Stock Exchange Automated Quotation (SEAQ) International Security Industry Automated Corporation (SIAC) Automated Export System Boston Exchange Automated Communication Order Routing Network (BEACON) Stock Exchange Automated Quotation system automated teller machine Clearing House Automated Payments System (CHAPS) clearing house automated payment system Stock Exchange Automated Trading System PLUS automated pit trading European Association of Securities Dealers Automated Quotation |
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