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Automated Confirmation Transaction Service (ACT) Overview

Financial Concepts

Definition

Automated Confirmation Transaction (ACT) Service is an automated data system designed to document and report the clearing of trades on exchanges owned and operated by Nasdaq, which compares trade information entered by ACT participants and submits "locked-in" trades to National Securities Clearing Corporation (NSCC) for clearance and settlement; transmits reports of the transactions automatically

In Panel Profits

In the Panel Profits market platform, Automated Confirmation Transaction Service (ACT) Overview applies standard financial concepts principles to comic assets and physical collections.

Common mistakes

Do not infer unobserved prices.