What Is an Alternative Trading System and Why Is It Important in Finance?
An ATS is a trading venue that is normally utilized in the trading or securities other than those listed on the stock exchanges. While ATSs mimic fully regulated exchanges such as the NYSE, most of them are private companies, which make them flexible and efficient markets for trading. They directly serve institutional investors, who are required to execute large trade volumes with low traffic noise and handling high-liquid securities. Some of the characteristics of ATSs include Flexibility: ATSs offer solutions that are solution specific to certain types of trades. Privacy: They can be highly anonymous, thus attracting the large scale investors. Lower Costs: They eliminate conventional exchange charges and provide a means of cutting trading costs. Role of ATS in Present Day Global Economy ATSs have indeed firmed up a vital place within the context of financialTransactionMgt as they support faster with increased market accessibility. Thus, they help to invent new forms of tradi...