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ALTERNATIVE TRADING SYSTEMAn entity that provides a platform for bringing together purchasers and sellers of securities or for otherwise performing functions commonly performed by an exchange. Participants are typically broker [..]
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ALTERNATIVE TRADING SYSTEMDefinition A trading system designed for large investors and professional traders, which permits alternative means for accessing liquidity. The system is approved by the SEC (Securities Exchange Commi [..]
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ALTERNATIVE TRADING SYSTEMAccording to 7 USCS § 1a (1), the term alternative trading system means “an organization, association, or group of persons that--
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