What is ‘Qualified Special Representative Agreement – QSR’
An agreement between broker-dealers to clear trades without the interaction of the NASDAQ ACT system. This is achieved by sending trades directly to the National Securities Clearing Corporation (a subsidiary of the DTCC).
Explaining ‘Qualified Special Representative Agreement – QSR’
This method of clearing trades means simpler processing, cheaper transaction costs, and extended hours of service.
Further Reading
- The role of angels in technology SMEs: A link to venture capital – www.tandfonline.com [PDF]
- Keeping informed during times of economic downturn: the trusted amateur as a preferred source of financial information – www.tandfonline.com [PDF]
- Factors influencing the burden of health care financing and the distribution of health care benefits in Ghana, Tanzania and South Africa – academic.oup.com [PDF]
- Corporate disclosure, cost of capital and reputation: Evidence from finance directors – www.sciencedirect.com [PDF]
- The impact of the economic recession on well‐being and quality of life of older people – onlinelibrary.wiley.com [PDF]
- Financial distress during relocation for treatment of a hematological malignancy: findings for social work – www.tandfonline.com [PDF]
- Microcredit for enterprise in the UK as an 'alternative'economic space – www.sciencedirect.com [PDF]
- 'In a perfect world it would be great if they didn't exist': How A ustralians experience payday loans – onlinelibrary.wiley.com [PDF]