Automated Pricing and Reporting System

The system the NYSE uses to process and determine the price for Qualified odd-lot orders based on the immediately subsequent round-lot sale of the same security.

Related Terms: 10 Base, ECU, Lot, NYSE, Order, Qualified, ROC, ROCE, SEC, Term

Other Related Pages: Category: Trading Starting With: A

Additional Related Terms: 10-Q, Accelerated Cost Recovery System, Allowance for depreciation, Accrual of discount, Agency security, Amortization of premium, Asked price, Asking price, Asset-backed security, At par