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Bankers Automated Clearing Services |
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Bankers Automated Clearing ServicesBACS is an APACS clearing company which provides an automated clearing service for payments originated by Settlement Members or those they sponsor.Similar MatchesAutomated 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. 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. Automated Export SystemAutomated Export SystemElectronic filing of Shippers Export Declaration (SEDs)with US Customs prior to departure. 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. Boston Exchange Automated Communication Order Routing Network (BEACON)Boston Exchange Automated Communication Order Routing Network (BEACON)This system permits the automatic execution of execution based on the current execution prices on the consolidated execution at any of the US execution execution. Further SuggestionsOpening Automated Report Serviceautomated pit trading Stock Exchange Automated Trading System PLUS Automated bond system (ABS) Automated Clearing House (ACH) clearing house automated payment system Clearing House Automated Payments System (CHAPS) Automated Customer Account Transfer (ACAT) automated teller machine Stock Exchange Automated Quotation (SEAQ) International European Association of Securities Dealers Automated Quotation (EASDAQ) Japanese Association of Securities Dealers Automated Quotation System (Jasdaq) Stock Exchange Automated Quotation system European Association of Securities Dealers Automated Quotation Security Industry Automated Corporation (SIAC) |
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