Next day settlement


 

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Next day settlement

Transaction in which the contract is settled the day after the trade is executed. See: Settlement date.



Next day settlement

Similar Matches

Cash settlement contracts

Cash settlement contracts

Futures contracts such as stock index futures that settle for cash and do not involve delivery of the underlying.


Settlement day

Settlement day

The 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.


Settlement rate

Settlement rate

The rate suggested in Financial Accounting Standards Board (FASB) 87 for discounting the obligations of a pension plan. The rate at which the pension benefits could be effectively settled if the company sponsoring the pension plan wishes to terminate its pension obligation.


Regular way settlement

Regular way settlement

In 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.


Cash sale or settlement

Cash sale or settlement

Transaction 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.


Further Suggestions

Real Estate Settlement Procedures Act (RESPA)
Continuous net settlement (CNS)
Settlement date
Exercise settlement amount
Skip day settlement
Dispute Settlement Body
Good delivery and settlement procedures
Same Day Funds Settlement (SDFS)
rolling settlement
Settlement risk
Cash Settlement
Regular settlement
Bank for International Settlements
Short settlement
settlement
Dispute settlement
Dispute settlement mechanism
Uniform Settlement Statement
Insurance settlement
Bank for International Settlements (BIS)
cash settlement
Structured settlement
Immediate settlement
Exchange Delivery Settlement Price
settlement options


 
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