Advance Computerized Execution System (ACES) Definition

Financial Terms By: A

Advance Computerized Execution System (ACES)

Refers to the Advance Computerized Execution System, run by Nasdaq. ACES automates trades between order entry and market maker firms that have established trading relationships with each other. Securities are designated as specified for automatic execution.

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Advance Computerized Execution System (ACES)