Alternative trading system
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Search complete. 1 mention across 1 episode found for "Alternative trading system".
Oct 2, 2026
speaker_5HOST
Robinhood can't just flip a switch.
speaker_5HOST
They literally have to manually staple together overnight alternative trading systems known as ATSs.
speaker_4HOST
Wait, what exactly is an APS?
speaker_5HOST
An ATS is essentially a dark pool or an off-exchange matching engine.