However, unlike exchanges, ATS has no members (ATS has "subscribers") and has no regulatory liability. An ATS can trade listed stocks like a stock exchange, but unlike a stock exchange, an ATS can also trade unlisted stocks (also known as OTC stocks) and fixed income securities such as bonds.
The main similarity between broker-dealer networks, alternative trading systems, and registered stock exchanges is that they are all some kind of market for buying and selling securities, either stocks or bonds.
What are alternative trading systems(ATS)?
An Alternative Trading System (ATS) is an SEC-regulated electronic trading system that matches orders between buyers and sellers of securities. ATS is not a domestic stock exchange. However, ATS can apply to the SEC to become a domestic stock exchange.
What is a registered stock exchange?
A registered stock exchange that has filed and approved a registration statement with the SEC. All major US stock exchanges are registered with the SEC under the Securities Exchange Act of 1934.
To know more about ATS and Registered stock exchange visit here:
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You can divorce or seperate.
i would think every one of them expect for 1 and 4.. Because 4 is just something we all learn
Explanation:
i hope you have find your answer
Answer:
See explanation section.
Explanation:
January 24, Allowance for doubtful accounts Debit $3,913
Accounts receivable Credit $3,913
To record the write - off of accounts receivable.
March 04, Accounts receivable Debit $3,913
Allowance for doubtful accounts Credit $3,913
To record the reinstatement of uncollectible from the receivable account.
March 04, Cash Debit $3,913
Accounts receivable Credit $3,913
To record the unexpected payment from madonna inc.