|
|
Good delivery and settlement procedures |
|
|
|
 Home Site Map Add Term Search About Us Contributors |
Good delivery and settlement proceduresRefers to PSA Uniform Practices such as cutoff times on delivery of securities and notification, allocation, and proper endorsement.Good delivery and settlement procedures Similar MatchesCash settlementCash settlementDeals on an exchange where investors are obliged to settle immediately rather than on account.An expression used in futures and options trading which applies when physical delivery is impractical and contracts are settled by attaching a monetary value. Regular way settlementRegular way settlementIn the money and bond markets, the standard basis on which some security trades are settled is that the delivery of the securities purchased is made against payment in Fed funds on the day following the transaction. Skip day settlementSkip day settlementSettling a trade one business day beyond what is normal. Cash SettlementCash SettlementThe process by which the terms of an option contract are fulifilled through the payment or receipt in dollars of the amount by which the option is in-the-money as opposed to delivering or receiving the underlying stock. 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. Further SuggestionsExercise settlement amountReal Estate Settlement Procedures Act (RESPA) Settlement rate Short settlement settlement options Settlement risk Cash settlement contracts Settlement options Settlement Immediate settlement Settlement price Bank for International Settlements Settlement date Dispute settlement settlement Bank for International Settlements (BIS) Dispute settlement mechanism Dispute Settlement Body Continuous net settlement (CNS) Regular settlement rolling settlement Structured settlement Cash sale or settlement Uniform Settlement Statement Exchange Delivery Settlement Price |
|
|
|