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Continuous net settlement (CNS) |
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Continuous net settlement (CNS)Method of securities clearing and settlement using a clearing house, which matches transactions to securities available, resulting in one net receive or deliver position at the end of the day.Continuous net settlement (CNS) Similar MatchesSettlement 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. SettlementSettlementWhen payment is made for a trade. Regular settlementRegular settlementTransaction in which a stock contract is settled and delivered on the fifth full business day following the date of the transaction (trade date). In Japan, regular settlement occurs three business days following the trade date; in London, two weeks following the trade date (at times, three weeks); in France, once per month. 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. Settlement priceSettlement priceA figure determined by the closing range that is used to calculate gains and losses in futures market accounts. Settlement prices are used to determine gains, losses, margin calls, and invoice prices for deliveries. Related: Closing range. Further SuggestionsBank for International Settlementscash settlement Uniform Settlement Statement Exchange Delivery Settlement Price Regular way settlement Cash settlement contracts Same Day Funds Settlement (SDFS) Dispute Settlement Body Cash Settlement Settlement rate Good delivery and settlement procedures Cash sale or settlement Dispute settlement settlement Bank for International Settlements (BIS) Dispute settlement mechanism Structured settlement Skip day settlement Exercise settlement amount Next day settlement Immediate settlement Real Estate Settlement Procedures Act (RESPA) rolling settlement Settlement options Short settlement |
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