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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 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. Cash sale or settlementCash sale or settlementTransaction in which a contract is settled on the same day as the trade date, or the next day if the trade occurs after 2:30 p.m. EST and the parties agree to this procedure. Often occurs because a party is strapped for cash and cannot wait until the regular five-business day settlement. See: Settlement date. Bank for International Settlements (BIS)Bank for International Settlements (BIS)An international bank headquartered in Basel, Switzerland, which serves as a forum for monetary cooperation among several European central banks, the Bank of Japan, and the US Federal Reserve System. Founded in 1930 to handle the German payment of World War I reparations, it now monitors and collects data on international banking activity and promulgates rules concerning international bank regulation. Real Estate Settlement Procedures Act (RESPA)Real Estate Settlement Procedures Act (RESPA)A federal statute requiring disclosure of certain costs in the sale of residential, improved property which is to be financed by a federally insured lender. Structured settlementStructured settlementAn agreement in settlement of a lawsuit involving specific payments made over a period of time. Property and casualty insurance companies often buy life insurance products to pay the costs of such settlements. Further SuggestionsDispute settlementNext day settlement Settlement Short settlement Settlement date Uniform Settlement Statement Dispute Settlement Body Immediate settlement Bank for International Settlements Settlement rate Exchange Delivery Settlement Price Insurance settlement rolling settlement Settlement options Skip day settlement settlement options Same Day Funds Settlement (SDFS) Regular way settlement Good delivery and settlement procedures Cash settlement contracts cash settlement Dispute settlement mechanism settlement day Exercise settlement amount Cash Settlement |
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