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Clearing House Automated Payments System (CHAPS) |
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Clearing House Automated Payments System (CHAPS)A computerized clearing system for sterling funds that began operations in 1984. It includes 14 member banks, nearly 450 participating banks, and is one of the clearing companies within the structure of the Association for Payment Clearing Services (APACS).Clearing House Automated Payments System (CHAPS) Similar MatchesBankers 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 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 pit tradingAutomated pit tradingA computer based trading system operating in futures markets incorporating the features of open outcry transactions. 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 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 SuggestionsStock Exchange Automated Trading System PLUSJapanese Association of Securities Dealers Automated Quotation System (Jasdaq) automated teller machine European Association of Securities Dealers Automated Quotation Opening Automated Report Service Automated Customer Account Transfer (ACAT) Automated Order System (AOS) Security Industry Automated Corporation (SIAC) Automated Export System Automated Clearing House (ACH) Stock Exchange Automated Quotation (SEAQ) International clearing house automated payment system Boston Exchange Automated Communication Order Routing Network (BEACON) Stock Exchange Automated Quotation system European Association of Securities Dealers Automated Quotation (EASDAQ) |
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