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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.
Copyright © 2005, Campbell R. Harvey. All Worldwide Rights Reserved. Do not reproduce without explicit permission.
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Keywords
Advance Computerized Execution System (ACES)
Advance Computerized Execution System
ACES
NASDAQ
trading
execution
trade
market maker
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