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Electronic Funds Transfer Systems |
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Electronic Funds Transfer SystemsA variety of systems and technologies for transferring funds (money) electronically rather than by check. Includes Fedwire, automated clearringhouses (ACHs) and other automated systems.Electronic Funds Transfer Systems Similar MatchesElectronic Data Gathering, Analysis and Retrieval SystemElectronic Data Gathering, Analysis and Retrieval SystemIn the US, EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system, performs automated collection, validation, indexing, acceptance, and forwarding of submissions by companies and others who are required by law to file forms with the US Securities and Exchange Commission (SEC). Its primary purpose is to increase the efficiency and fairness of the securities market for the benefit of investors, corporations, and the economy by accelerating the receipt, acceptance, dissemination, and analysis of time-sensitive corporate information filed with the agency. Electronic Queriable CarrierElectronic Queriable CarrierA transporter of goods which allows tracking of goods in transit electronically using a waybill number such as United Parcel, Federal Express, etc. Electronic depository transfersElectronic depository transfersThe transfer of funds between bank accounts through the Automated Clearing House (ACH) system. Stock Exchange Electronic Trading ServiceStock Exchange Electronic Trading ServiceThe automated trading system introduced in 1997 for the largest companies quoted on the main list of the London Stock Exchange. Trades through SETS match buyers and sellers automatically, cutting out the need for a market maker which theoretically means a narrower bid-offer spread. Smaller companies continue to use the SEAQ 'quote' book system, with market makers quoting prices to brokers and trades being done on a semi-automatic rather than fully-automatic basis. Swiss Electronic Bourse (EBS)Swiss Electronic Bourse (EBS)Computer linking system between the former stock exchange trading floors in Zurich, Geneva, and Basel, Switzerland so that trades can be carried out among traders on all three of the trading floors. Further Suggestionselectronic funds transfer (at point of sale)Clearing House Electronic Subregister System (CHESS) electronic public offering |
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