Corporate Trade Exchange - CTX

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Dictionary Says

Definition of 'Corporate Trade Exchange - CTX'

A monetary transfer system used by corporations and governmental agencies. Corporate trade exchanges are used to pay trading partners via the automated clearing house (ACH) system. The CTX format allows for payment to several parties with a single fund transfer.
Investopedia Says

Investopedia explains 'Corporate Trade Exchange - CTX'

The CTX payment system contains several pieces of information that allow for aggregation of payments. It features an information record of variable length, called an addedum record. This record can contain up to 9,999 addenda records with 800,000 characters apiece. This provides adequate payment remittance information and an invoice number to facilitate tracking.
Search results for

'Corporate Trade Exchange (CTX)'

  • Homebuilders Management Commentary: A Review

    http://stocks.investopedia.com/stock-analysis/2009/Homebuilders-Management-Commentary-A-Review-CTX-DHI-PHM0213.aspx
    ... Filed Under: Retirement. Tickers in this Article: BZH, CTX, DHI, PHM. Conference
    call season is an effective method of gaining a sense ...

  • 5 Ways To Play The XHB

    http://stocks.investopedia.com/stock-analysis/2009/5-Ways-To-Play-The-XHB-XHB0413.aspx
    ... (To learn more about exchange-traded funds ... Of Equals On April 8, Pulte Homes
    (NYSE:PHM) announced its acquisition of competitor Centex (NYSE:CTX) for $1.3 ...

  • The Pros And Cons Of A Pulte/Centex Merger

    http://stocks.investopedia.com/stock-analysis/2009/The-Pros-And-Cons-Of-A-PulteCentex-Merger-PHM-CTX0414.aspx
    ... market, I still have mixed feelings about the planned combination of Pulte Homes
    (NYSE:PHM) and Centex (NYSE:CTX). ... (When major corporate transactions have a ...

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