Definition of alternative trading system

Alternative trading system - Wikipedia

 

definition of alternative trading system

An alternative trading system (ATS) is a non-exchange trading venue that matches buyers and sellers for transactions. Contrary to traditional stock exchanges, it's regulated as a broker-dealer instead of an exchange. alternative trading system (ALT) Definition A trading system designed for large investors and professional traders, which permits alternative means for accessing liquidity. Alternative trading system (ATS) is a US and Canadian regulatory term for a non-exchange trading venue that matches buyers and sellers to find counterparties for transactions. Alternative trading systems are typically regulated as broker-dealers rather than as exchanges (although an alternative trading system can apply to be regulated as a securities exchange).


mubepazi.cf | Alternative Trading System ("ATS") List


An alternative trading system ATS is one that is not regulated as an exchange but is a venue to match the buy and sell orders of its subscribers. Unlike some national exchanges, definition of alternative trading system, ATS do not set rules governing the conduct of subscribers or discipline subscribers other than by excluding them from trading.

They are important in providing alternative means to access liquidity. These actions may be designed to conceal trading from public view since ATS transactions do not appear on national exchange order books. The benefit of using an ATS to execute such orders is that it reduces the domino effect that large trades might have on the price of an equity. For example, a hedge fund interested in building a large position in an equity may use an ATS to prevent other investors from buying in advance.

Alternative trading systems have become popular venues for trading. That figure represented an increase of more than four times from In recent years, regulators have stepped up enforcement actions against alternative trading systems for infractions such as trading against customer order flow or making use of confidential customer trading information.

Key Takeaways Alternative trading systems are venues for matching large buy and sell transactions, definition of alternative trading system. They are not regulated as exchanges. An ATS meets the definition of exchange under federal securities laws but is not required to register as a national securities exchange if the ATS operates under the exemption provided under Exchange Act Rule 3a a. These requirements include mandated reporting of books and definition of alternative trading system. In recent times, there have been moves to make ATS more transparent.

Among other things, this entails filing detailed public disclosures to inform the general public about potential conflicts of interest and risks of information leakage.

They are also required to have written safeguards and definition of alternative trading system to protect subscribers' trading information. Compare Investment Accounts.

 

What is Alternative Trading System (ALT)? definition and meaning

 

definition of alternative trading system

 

79 rows · Alternative Trading System ("ATS") List. An ATS is a trading system that meets the . Alternative Trading System Law and Legal Definition According to 7 USCS § 1a (1), the term alternative trading system means “an organization, association, or group of persons that-- (A) is registered as a broker or dealer pursuant to section 15(b) of the Securities Exchange . Alternative trading system (ATS) is a US and Canadian regulatory term for a non-exchange trading venue that matches buyers and sellers to find counterparties for transactions. Alternative trading systems are typically regulated as broker-dealers rather than as exchanges (although an alternative trading system can apply to be regulated as a securities exchange).