Aces Pass-Thru
Barron's Finance & Investment Dictionary:
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Aces Pass-Thru
run by the financial industry regulatory authority (FINRA), ACES Pass-Thru automates trades between order-entry and market-maker firms that have established trading relationships with each other, designating securities at specified quantities for automatic execution. Once trading parameters are set, ACES Pass- Thru facilitates order entry, best-price order execution, and limitedorder maintenance, as well as a variety of inventory control capabilities.
Trades are then automatically reported for public dissemination and sent for comparison and clearing.
Trades are then automatically reported for public dissemination and sent for comparison and clearing.
| Accumulation Period, Accumulation Bond | |
| Acid-Test Ratio, Acknowledgment |
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Barron's Finance & Investment Dictionary
Dictionary of Finance and Investment Terms. Copyright © 2010 by Barron's Educational Series, Inc. All rights reserved.
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