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Same Day Funds Settlement (SDFS) |
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Same Day Funds Settlement (SDFS)A method of settlement used in trading between well-collateralized parties in good-the-same-day federal funds used by the Depository Trust Company for transactions in US government securities, short-term municipal notes, medium-term commercial paper notes, CMOs, and other instruments.Same Day Funds Settlement (SDFS) Similar MatchesDispute settlement mechanismDispute settlement mechanismThe procedure by which the WTO settles disputes among members, primarily by means of a three-person panel that hears the case and issues a report, subject to review by the Appellate Body. 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. 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. 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. 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. Further SuggestionsGood delivery and settlement proceduresExchange Delivery Settlement Price cash settlement Dispute settlement Skip day settlement Bank for International Settlements Cash sale or settlement Exercise settlement amount Settlement options Real Estate Settlement Procedures Act (RESPA) settlement Next day settlement Settlement Cash settlement contracts Insurance settlement Continuous net settlement (CNS) Settlement price settlement options Regular settlement Uniform Settlement Statement Settlement date Immediate settlement Short settlement rolling settlement Regular way settlement |
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