Qualified Special Representative Agreement (QSR)

Qualified Special Representative Agreement (QSR),

What is The Meaning of Qualified Special Representative Agreement (QSR)?

  1. A Qualified Special Representative Agreement (QSR) is an agreement between brokers that will clear transactions without consulting the ACT Nasdaq system. QSR allows a broker to offer trades directly to the National Securities Clearing Corporation on behalf of another broker. This transaction clearing method offers easy processing, low transaction fees and extended working hours.

Literal Meanings of Qualified Special Representative Agreement (QSR)


Meanings of Qualified:
  1. Recognized as a qualified person to perform formally certified jobs.

  2. Not completely or completely limited.

Sentences of Qualified
  1. Newly trained nurse

  2. I can only classify this CD as a mixed hit

Synonyms of Qualified

guarded, professional, tentative, chartered, certificated, circumscribed, hesitant, certified, contingent, cautious, licensed, reserved, conditional, limited, restricted, equivocal, bounded


Meanings of Special:
  1. Something like an event, product or show that was designed or organized for a specific event or purpose.

  2. Better, bigger or different than usual.

Sentences of Special
  1. Special selection of late night special television

  2. They always work hard at Christmas

Synonyms of Special

remarkable, unusual, outstanding, uncommon, exceptional, marked, noteworthy, unique, extra special, singular, notable, particular


Meanings of Representative:
  1. The person chosen or appointed to act or speak for one or the other.

  2. Class or group example.

  3. Class, group or opinion group special.

  4. (Legislative or Consultative Assembly) consists of individuals who have been selected to work and speak on behalf of a larger group.

  5. It represents or symbolizes something.

  6. In terms of mental representation.

Sentences of Representative
  1. The Duke of Gloucester will attend the coronation as a representative of his father, King George V.

  2. Fossil representations of the lamp and the slender fish.

  3. These courses are representative of most Harvard students.

  4. The new government does not have a representative assembly

  5. The show has seemed a bit unfocused in recent episodes

Synonyms of Representative

example, indicative, specimen, characteristic, agent, spokeswoman, illustrative, typical, evocative, spokesperson, prototypical, spokesman, symbolic, emblematic


Meanings of Agreement:
  1. Harmony or consensus of opinion or a sense of position or the result of an agreement.

Sentences of Agreement
  1. The government has not reached an agreement

Synonyms of Agreement

concord, concurrence, unison, unity, like-mindedness, rapport, accord, consensus, sympathy, harmony, accordance