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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 teller machineAutomated teller machineAlso known as cash dispenser. A computerised self service machine allowing the holder of an ATM card and authorised personal identification number (PIN) to obtain cash and statements etc. Automated Export SystemAutomated Export SystemElectronic filing of Shippers Export Declaration (SEDs)with US Customs prior to departure. European Association of Securities Dealers Automated Quotation (EASDAQ)European Association of Securities Dealers Automated Quotation (EASDAQ)European equivalent of Nasdaq. Stock Exchange Automated Quotation systemStock Exchange Automated Quotation systemThe computerised system at the London Stock Exchange which continuously updates prices and trade reports for UK securities (shares, gilts etc). SEAQ lists the market makers' bid and offer prices, together with the Normal Market Size at which those prices will be honoured. Shares traded using SEAQ are said to be traded on the 'quote book'.The very largest companies quoted on the London Stock Exchange are traded on the Stock Exchange Electronic Trading Service (SETS) which automatically matches buyers and sellers, and which is known as the 'order book'. SEAQ is used for those stocks which are too small to be traded on SETS. 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. Further SuggestionsBoston Exchange Automated Communication Order Routing Network (BEACON)Automated Customer Account Transfer (ACAT) Bankers Automated Clearing Services clearing house automated payment system Japanese Association of Securities Dealers Automated Quotation System (Jasdaq) Stock Exchange Automated Quotation (SEAQ) International Automated teller maching (ATM) Clearing House Automated Payments System (CHAPS) Stock Exchange Automated Trading System PLUS Opening Automated Report Service European Association of Securities Dealers Automated Quotation automated pit trading Automated bond system (ABS) Security Industry Automated Corporation (SIAC) Automated Order System (AOS) |
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