Meaning AUTOMATED PIT TRADING (APT): Introduced in 1989, APT is the LIFFE screen-based trading system that replicates the open outcry method of trading on screen. A.P.T. is used to extend the trading day for the major futures contracts as well as to provide a daytime trading environment for non-floor trading products
More terms such as Automated Pit Trading (APT) in Dictionary A.
- Definition Acceleration Clause:
- Examples A contract stating that the unpaid balance becomes due and payable if specific actions transpire, such as failure to make interests payments on time automated pit trading (apt) definition.
- Definition Adjustment Bond:
- Examples A bond issued in exchange for outstanding bonds when a corporation facing bankruptcy is recapitalized automated pit trading (apt) explain.
- Definition Asset-Backed Security:
- Examples A security that is collateralized by loans, leases, receivables, or installment contracts on personal property, not real estate automated pit trading (apt) what is.
- Definition Average Maturity:
- Examples The average time to maturity of securities held by a mutual fund. Changes in interest rates have greater impact on funds with longer average maturity automated pit trading (apt) meaning.
- Definition ASE:
- Examples See: Athens Stock Exchange automated pit trading (apt) abbreviation.
