securities settlement system

(SSS)
A system which permits the holding and transfer of securities, either free of payment (FOP) or against payment (Delivery Versus Payment- (DVP).

Euroclear glossary. 2008.

Look at other dictionaries:

  • securities settlement system — vertybinių popierių atsiskaitymo sistema statusas Aprobuotas sritis kredito ir finansų įstaigos apibrėžtis Trijų arba daugiau vertybinių popierių atsiskaitymo sistemos dalyvių, neskaitant sistemos operatoriaus, atsiskaitymų tarpininko,… …   Lithuanian dictionary (lietuvių žodynas)

  • securities settlement system — ( SSS) Euroclear Clearing and Settlement glossary A system which permits the holding and transfer of securities, either free of payment (FOP) or against payment (Delivery Versus Payment ( DVP). Euroclear Clearing and Settlement glossary …   Financial and business terms

  • Electronic Matching and Securities Settlement System — ( EMSS) Euroclear Clearing and Settlement glossary The Euroclear Belgium settlement system. Euroclear Clearing and Settlement glossary …   Financial and business terms

  • Electronic Matching and Securities Settlement System — (EMSS) The Euroclear Belgium settlement system …   Euroclear glossary

  • real-time gross settlement system — ( RTGS / RBTR) Euroclear Clearing and Settlement glossary Settlement system in which occurs the continuous ( real time) settlement of funds or securities transfers individually on a transaction by transaction basis (without netting). Euroclear… …   Financial and business terms

  • real-time gross settlement system — (RTGS / RBTR) Settlement system in which occurs the continuous (real time) settlement of funds or securities transfers individually on a transaction by transaction basis (without netting) …   Euroclear glossary

  • settlement liquidity indicator — The liquidity position of a client in the system that uses the services of a settlement bank ( i.e. the liquidity position of a settlement bank s client, as above). It reflects the liquidity resulting from the settlement bank client s activity in …   Financial and business terms

  • settlement liquidity indicator — The liquidity position of a client in the system that uses the services of a settlement bank (i.e. the liquidity position of a settlement bank s client, as above). It reflects the liquidity resulting from the settlement bank client s activity in… …   Euroclear glossary

  • 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

  • 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… …   Euroclear glossary

Share the article and excerpts

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

We are using cookies for the best presentation of our site. Continuing to use this site, you agree with this.