intra-entity settlement transactions


intra-entity settlement transactions
"When both parties to the transactions are members of the same Euroclear group (I)CSD;
This covers:
- intra-Domestic transactions when both parties are using the Domestic Service and transactions settle then on the books of the primary issuer Euroclear group CSD or the Euroclear group CSD of reference of the security,
- intra-Full transactions when both parties are using the Full Service and transactions settle then on the books of Euroclear Bank."

Euroclear glossary. 2008.

Look at other dictionaries:

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