operational securities account

(OSA)
In either the Domestic Service or the Full Service, a facility enabling a Party to manage a number of Securities Accounts on a consolidated basis. In the Domestic Service, a Party will be able through an OSA to manage a number of Securities Accounts held with different CSDs but carrying the same identifier. The Operational Securities Account is not itself an account for legal purposes.

Euroclear glossary. 2008.

Look at other dictionaries:

  • operational securities account — (OSA) Euroclear Clearing and Settlement glossary In either the Domestic Service or the Full Service, a facility enabling a Party to manage a number of Securities Accounts on a consolidated basis. In the Domestic Service, a Party will be able… …   Financial and business terms

  • legal securities account — See operational securities account ( OSA). Euroclear Clearing and Settlement glossary …   Financial and business terms

  • legal securities account — See operational securities account (OSA) …   Euroclear glossary

  • Full-Domestic transactions — When one party to a transaction/trade is using the Full Service and the other is using the Domestic Service ( i.e. one party is using a Domestic operational securities account and the other is using a Full securities account) Euroclear Clearing… …   Financial and business terms

  • internal transaction category — In the Single Platform context, this transaction category includes:· Intra entity settlement transactions when both parties to the transactions are members of the same ( I) CSD; Euroclear Clearing and Settlement glossary This covers: Euroclear… …   Financial and business terms

  • Full-Domestic transactions — When one party to a transaction/trade is using the Full Service and the other is using the Domestic Service (i.e. one party is using a Domestic operational securities account and the other is using a Full securities account) …   Euroclear glossary

  • internal transaction category — In the Single Platform context, this transaction category includes:· Intra entity settlement transactions when both parties to the transactions are members of the same (I)CSD; This covers: – intra Domestic transactions when both parties are using …   Euroclear glossary

  • OSA — See operational securities account Euroclear Clearing and Settlement glossary …   Financial and business terms

  • OSA — See operational securities account …   Euroclear glossary

  • Economic Affairs — ▪ 2006 Introduction In 2005 rising U.S. deficits, tight monetary policies, and higher oil prices triggered by hurricane damage in the Gulf of Mexico were moderating influences on the world economy and on U.S. stock markets, but some other… …   Universalium

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