Tags: aps

03/16/2010

Permalink 03:36:46 pm, by Dana Comolli Email , 491 words   English (US)
Categories: Reconciliation, Accounting, Futures Trading

APS was supposed to make things easier

When the Clearing Corporation developed the Average Price System (APS) approach to handling mixed fills, its purpose was to make it easier for traders to allocate their trades accross multiple accounts. Unfortunately, policy changes at some FCMs has changed all that. more »
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