Automated Confirmation Transaction Service - ACT


Automated Confirmation Transaction Service - ACT
An automated system designed to document and report the clearing of trades in the Nasdaq market.

All NASD members are required to participate in ACT. ACT provides faster access to trade information, it increases the efficiency of trade reconciliation and back-office transactions, and it also offers online access to the status of all trade entries.


Investment dictionary. . 2012.

Look at other dictionaries:

  • Depository Trust & Clearing Corporation — Type Private Industry Finance Ge …   Wikipedia

  • Technical features new to Windows Vista — This article is part of a series on Windows Vista New features Overview Technical and core system Security and safety Networking technologies I/O technologies Management and administration Removed features …   Wikipedia

  • Test-driven development — (TDD ) is a software development technique consisting of short iterations where new test cases covering the desired improvement or new functionality are written first, then the production code necessary to pass the tests is implemented, and… …   Wikipedia

  • Microsoft Windows — Windows redirects here. For the part of a building, see Window. For other uses, see Windows (disambiguation). Microsoft Windows …   Wikipedia

  • Algorithmic trading — In electronic financial markets, algorithmic trading or automated trading, also known as algo trading, black box trading, or robo trading, is the use of computer programs for entering trading orders with the computer algorithm deciding on certain …   Wikipedia

  • Password — For other uses, see Password (disambiguation). A password is a secret word or string of characters that is used for authentication, to prove identity or gain access to a resource (example: an access code is a type of password). The password… …   Wikipedia

  • X.25 — is an ITU T standard network layer protocol for packet switched wide area network (WAN) communication. An X.25 WAN consists of packet switching exchange (PSE) nodes as the networking hardware, and leased lines, Plain old telephone service… …   Wikipedia