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clearing settlement account

См. также в других словарях:

  • Interdistrict Settlement Account — A clearing account that the Federal Reserve maintains to facilitate fund transfers between the 12 Federal Reserve banks located throughout the country. The account is domiciled in Washington D.C. This account is reserved solely for the use of the …   Investment dictionary

  • settlement account — An account held by a direct participant of a national RTGS system, which is thus registered with its central bank for the purpose of processing payments. Euroclear Clearing and Settlement glossary …   Financial and business terms

  • exchange settlement account — noun an account held by a financial institution with the Reserve Bank of Australia to settle transactions between themselves and the Reserve Bank, as settling balances between banks arising from the clearing of cheques, and settling transactions… …  

  • cash/central settlement account — ( TBF) (CCR) Euroclear Clearing and Settlement glossary Accounts used and maintained by financial institutions on the books of the Banque de France for the functioning of the Transfert Banque de France ( TBF) system. Euroclear Clearing and… …   Financial and business terms

  • Clearing House Automated Transfer System — The Clearing House Automated Transfer System, or CHATS, is a Real Time Gross Settlement (RTGS) system for the transfer of funds in Hong Kong. It is operated by Hong Kong Interbank Clearing Limited, a private company jointly owned by the Hong Kong …   Wikipedia

  • Clearing (finance) — In banking and finance, clearing denotes all activities from the time a commitment is made for a transaction until it is settled. Clearing is necessary because the speed of trades is much faster than the cycle time for completing the underlying… …   Wikipedia

  • settlement bank agent — An agent is a direct participant in TARGET2 appointed by a settlement bank within the securities settlement system ( SSS) that does not have a direct account in TARGET2 ( in the context of the French market, one also uses the term PR for… …   Financial and business terms

  • account nature — ( NDC) Euroclear Clearing and Settlement glossary Account type used in ESES. The account nature is expressed by a three digit account type qualifier. Euroclear Clearing and Settlement glossary …   Financial and business terms

  • settlement price — Established by the clearinghouse from the closing range of prices (the last 30 seconds of the day). The settlement price is used to determine the next day s allowable trading range, and to settle all accounts between clearing members for each… …   Financial and business terms

  • Clearing balance requirement — Financial institutions use clearing balance requirement (or settlement balances requirement) to describe the amount of money or balance which they anticipate will be required to perform their clearing services. Section VIII of the Reserve… …   Wikipedia

  • Account Operator — In the context of ESES, a Client that has been authorised by one or more Parties to send instructions in the name of, and on behalf of, each of such other Parties in relation the latter s Securities Account( s) and the Cash Account linked thereto …   Financial and business terms

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