broker to custodian trade affirmation system
(SBI)
A stock exchange (Euronext) trade affirmation platform, managed by Euroclear France, used between brokers and their clients (custodians). Confirmed trades automatically generate DVP securities transaction instructions that are discharged on the same value date (T+3) except monthly settlement service.

Euroclear glossary. 2008.

Look at other dictionaries:

  • broker to custodian trade affirmation system — ( SBI) Euroclear Clearing and Settlement glossary A stock exchange ( Euronext) trade affirmation platform, managed by Euroclear France, used between brokers and their clients (custodians). Confirmed trades automatically generate DVP securities… …   Financial and business terms

  • SBI — ( broker to custodian trade affirmation system) Euroclear Clearing and Settlement glossary A stock exchange ( Euronext) trade affirmation platform, managed by Euroclear France, used between brokers and their clients (custodians). Confirmed trades …   Financial and business terms

  • SBI — (broker to custodian trade affirmation system) A stock exchange (Euronext) trade affirmation platform, managed by Euroclear France, used between brokers and their clients (custodians). Confirmed trades automatically generate DVP securities… …   Euroclear glossary

  • Germany — /jerr meuh nee/, n. a republic in central Europe: after World War II divided into four zones, British, French, U.S., and Soviet, and in 1949 into East Germany and West Germany; East and West Germany were reunited in 1990. 84,068,216; 137,852 sq.… …   Universalium

  • literature — /lit euhr euh cheuhr, choor , li treuh /, n. 1. writings in which expression and form, in connection with ideas of permanent and universal interest, are characteristic or essential features, as poetry, novels, history, biography, and essays. 2.… …   Universalium

  • List of law topics (A-E) — NOTOC Law [From Old English lagu something laid down or fixed ; legal comes from Latin legalis , from lex law , statute ( [http://www.etymonline.com/index.php?search=law searchmode=none Law] , Online Etymology Dictionary; [http://www.m… …   Wikipedia

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”