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What is the ACAT system?

The ACAT System is an NSCC system that provides for the timely and orderly systemic transfer of customer accounts between brokerage firms - when directed to do so by the brokerage client. There are several reasons why a brokerage client might request that his or her investment account be transferred from one brokerage firm to another.

What are Arctic Cat Inc's (ACAT) earnings?

Arctic Cat Inc (NASDAQ:ACAT) released its quarterly earnings results on Friday, July, 29th. The company reported ($0.81) earnings per share for the quarter, missing the consensus estimate of ($0.40) by $0.41. The business had revenue of $104.90 million for the quarter, compared to analysts' expectations of $117.81 million.

What is automated customer account transfer service (ACATs)?

The Automated Customer Account Transfer Service (ACATS) can be used to transfer stocks, bonds, cash, unit trusts, mutual funds, options, and other investment products. Only NSCC-eligible members and Depository Trust Company member banks can use the ACATS system.

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