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The abbreviation ATS is used in different fields to mean "Automated Trading System" or "Alternative Trading System." The most well-known ATS stands for Alternative Trading System and is a platform created for trading shares outside of traditional exchanges in financial markets. This system operates similarly to traditional exchanges but functions under less regulation and oversight. ATS companies mainly exist in large financial centers such as the US and Europe. Their aim is to offer investors privacy and more favorable trading opportunities. Such platforms are used by large investment funds and financial institutions.