Jump to content

Advanced Computerized Execution System

Add links
From Wikipedia, the free encyclopedia
This is an old revision of this page, as edited by Alan Liefting (talk | contribs) at 09:36, 1 July 2011 (removed Category:Stock exchanges using HotCat). The present address (URL) is a permanent link to this revision, which may differ significantly from the current revision.

Advanced Computerized Execution System (ACES) - Is an NASD subscription service paid for by market makers that allows order-entry firms trading in Nasdaq Capital Market and Nasdaq global market stocks access to a market maker's internal trading system to route to them using the ACES "Pass-Through". The market maker then executes the order internally, and sends a confirmation and trade report back through ACES to the order entry firm.

ACES also automatically sends the trade information to Automated Confirmation Transaction Service (ACT) for reporting.

Stub icon

This article about stock exchanges is a stub. You can help Wikipedia by expanding it.

Retrieved from "https://en.wikipedia.org/w/index.php?title=Advanced_Computerized_Execution_System&oldid=437205265"