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Cash settlement contracts |
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Cash settlement contractsFutures contracts such as stock index futures that settle for cash and do not involve delivery of the underlying.Cash settlement contracts Similar MatchesNext day settlementNext day settlementTransaction in which the contract is settled the day after the trade is executed. See: Settlement date. Insurance settlementInsurance settlementThe payment of proceeds by an insurance company to the insured to settle an insurance claim within the guidelines stipulated in the insurance policy. Immediate settlementImmediate settlementDelivery and settlement of securities within five business days. Settlement daySettlement dayThe day on which purchased securities are due for delivery to the buyer and payment is due to be made to the seller. For nominee accounts, the standard settlement day is three days after the dealing day - known as T+3. For certificated accounts (where shareholders hold share certificates) settlement times are longer. Good delivery and settlement proceduresGood delivery and settlement proceduresRefers to PSA Uniform Practices such as cutoff times on delivery of securities and notification, allocation, and proper endorsement. Further SuggestionsSettlement priceDispute Settlement Body Bank for International Settlements cash settlement Skip day settlement Dispute settlement mechanism Short settlement Cash sale or settlement Bank for International Settlements (BIS) Cash Settlement Exercise settlement amount Real Estate Settlement Procedures Act (RESPA) Settlement Uniform Settlement Statement settlement options Exchange Delivery Settlement Price Settlement rate Settlement risk Same Day Funds Settlement (SDFS) rolling settlement Dispute settlement Settlement date Settlement options Structured settlement Regular way settlement |
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