Qualified Special Representative Agreement

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Qualified Special Representative Agreement

An agreement between brokers and/or dealers to settle a transaction without using the NASDAQ ACT system. Under a QSR, the brokers and/or dealers agree to settle the trade directly through the National Securities Clearing Corporation. This may be an inconvenience to the brokers and/or dealers, but processing tends to be simpler and there are fewer costs to the transaction.
References in periodicals archive ?
Keeping costs low enough to attract delivery customers: Over 80% of people interested in QSR delivery say delivery cost is a chief concern, so QSRs need to identify ways to offer delivery without cutting into margins.
The regional QSR sector is primed for further growth due to the attractive demographics, rising disposable incomes and under-penetration of restaurant chains across the region.
There are also some disadvantages to branded QSR programs.
The bid was backed by around 99% of KFCH shareholders and some 98% of QSR shareholders at their meetings on 5 November and 6 November respectively.
QSR chains were throwing every new product they could find at their customers without a thought of how it would affect their market position.
According to Dan McVeigh of Allied Domecq QSR, "We are thrilled to secure a foothold in Kips Bay.
QSR industry, said, "QSRs have proven very successful in the U.
Johor Corp holds QSR and KFC Holdings through its 53%-owned unit Kulim (KUL:KULIM).
InstantGMP understands these standards and applies them to their software systems such as InstantGMP QSR, a medical device manufacturing software system.
Malaysian quick-service restaurant operator QSR Brands Bhd (KUL:QSR) said on Monday it had rejected the renewed offer of MYR6.