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In finance, a locate is an approval from a broker that needs to be obtained prior to effecting a short sale in any equity security, i.e. to "locate" securities available for borrowing. The requirement, in the United States, to locate a stock before 'shorting' has existed for a long time. Regulation SHO was announced by the SEC in July 2004.
The point of sale (POS) or point of purchase (POP) is the time and place at which a retail transaction is completed.At the point of sale, the merchant calculates the amount owed by the customer, indicates that amount, may prepare an invoice for the customer (which may be a cash register printout), and indicates the options for the customer to make payment.
A Transaction Processing System (TPS) is an information system that collects, stores, modifies, and retrieves the data transactions of an enterprise. Transaction processing systems also attempt to provide predictable response times to requests, although this is not as critical as real-time systems.
Electronic trading made transactions easier to complete, monitor, clear, and settle and this helped spur on its development. Set up in 1971, NASDAQ was the world's first electronic stock market, though it originally operated as an electronic bulletin board [citation needed], rather than offering straight-through processing (STP).
January 11, 2001: MessagingDirect was acquired by Transaction System Architects Inc., [9] for approximately 3.3 million shares of Transaction Systems' Class A Common Stock. June 29, 2005: S2 Systems signed an agreement to sell substantially all of its assets to Transaction Systems Architects, Inc. [10] October 5, 2005: Restructuring of ...
Backed by a solid Merchant Solutions segment, robust revenues and an upbeat view, Total System (TSS) emerges as a lucrative stock for yield-seeking investors. Here Are 6 Reasons Why Total System ...
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