| Acronym or Abbreviation |
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| Description (HTML) |
Settlement is the process of delivering title to the financial instrument to the buyer against payment to the seller. For equities, this normally takes place three days after the trade. Netted settlement reduces a large number of positions to a single position / payment. Settlement operates both for transactions through a trading system and those completed over the counter (OTC). |
| Source Description |
London Exchange |
| Source URL |
http://www.londonstockexchange-ir.com/investor-relations/group-at-a-glance/the-process-of-trading/the-process-of-trading.htm |
| Document |
No document attached... |
| Item Quality Status (Item Quality Status) |
Incomplete |
| Updated by |
webea.09 |
| Updated on |
2014-04-09 22:27:22 |
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Process Item: Trade Process Buy Side 4: Settlement
Category
Process