Business, Legal & Accounting Glossary
An agreement between brokers and dealers to clear transactions without the use of the NASDAQ Act system. This is done via by-passing the NASDAQ Act system and sending the transaction straight to the national securities clearing corporations. QSR is often preferred because the method is simpler and more cost effective.
QSR
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This glossary post was last updated: 21st November, 2021 | 0 Views.