Alternative Trading Systems (ATSs)

Term · Finance and investing · MLC-T-FIN-000023

Alternative Trading Systems (ATSs) are SEC-regulated electronic trading systems that match orders for buyers and sellers of securities. An ATS is not a national securities exchange. However, an ATS may apply to the SEC to become a national securities exchange.

All current ATSs are “dark pools.” Dark pools are trading systems that allow their users to place orders without publicly displaying the size and price of their orders to other participants in the dark pool.

For additional information on ATSs, please read the SEC rules here. For a current list of ATSs, go here: http://www.sec.gov/foia/docs/atslist.htm.

Table 1. Record
Identifier	MLC-T-FIN-000023
Field	Finance and investing
References	SEC Investor.gov Glossary

Record as JSON

{
  "id": "MLC-T-FIN-000023",
  "term": "Alternative Trading Systems (ATSs)",
  "field": "Finance and investing",
  "definition": "Alternative Trading Systems (ATSs) are SEC-regulated electronic trading systems that match orders for buyers and sellers of securities. An ATS is not a national securities exchange. However, an ATS may apply to the SEC to become a national securities exchange.\n\nAll current ATSs are “dark pools.” Dark pools are trading systems that allow their users to place orders without publicly displaying the size and price of their orders to other participants in the dark pool.\n\nFor additional information on ATSs, please read the SEC rules here. For a current list of ATSs, go here: http://www.sec.gov/foia/docs/atslist.htm.",
  "references": [
    "SEC Investor.gov Glossary"
  ],
  "url": "https://mlchart.com/terminology/finance/alternative-trading-systems-atss/"
}

Record 23 of 398 in Finance and investing terminology (MLC-0118). Request the full dataset.