settlement

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Description Settlement of securities is a business process whereby securities or interests in securities are delivered, usually against (in simultaneous exchange for) payment of money, to fulfill contractual obligations, such as those arising under securities trades. Cash Settlement is a method...

Real Time Gross Settlement (RTGS) system: • RTGS is a payment system in which both processing and final settlement of funds transfer instructions take place continuously in real time. • It is a gross settlement system where transfers are settled individually, that is, without netting debits...

Open position - Outstanding/unsettled long or short position at any point of time. Physical delivery - Open position at the expiry of the contract is settled through delivery of the underlying. In futures market, delivery is low. Cash settlement - Open position at the expiry of the...

ROLLING SETTLEMENT In order to bring settlement efficiency and reduce settlement risk, in 1989, a group of 30 had recommended that all secondary markets across the globe should adopt a rolling settlement cycle on T + 3 basis by 1992, i.e., the trades should be settled by delivery of securities...

SETTLEMENT SYSTEM Trading in equities is internationally done on rolling settlement basis. The settlement is done on T + 2 system (i.e., the trade will be settled on the 2nd day from the date of execution of the transaction). SEBI has encouraged the stock exchanges to shorten their...

THE OFFICIAL SETTLEMENT CONCEPT An alternative approach for indicating, a deficit or surplus in the BOP is to consider the net monetary transfer that has been made by the monetary authorities is positive or negative, which is the so called – settlement concept. If the net transfer is negative...

BROKERS CONTINGENCY FUND The scheme has come into force with effect from July 21, 1997. Objective To ensure that the settlement cycles at the Exchange are not affected due to the temporary financial problems faced by the members. Functioning It provides temporary advance(s) to the...

ROLLING SETTLEMENT ROLLING SETTLEMENT was first ever introduced in India by OTCEI It is the process of settling security trades on successive dates so that trades executed today will have a settlement date one business day later than trades executed yesterday. This contrasts with...

Trade to Trade Settlement The transactions in the scrip are not netted and all purchase and sale transactions in the same scrip in single settlement are to be settled separately In other words,the exchanges does not recognize squaring off positions in purchases and sales within the same...

A leading Telecom Company - 1. Ensuring accurate computation of revenue and calculation of the revenue share amp; invoicing of settlements with Partner/s as per agreement. 2. Month end provision for revenue amp; VAS vendor payout 3. Strict compliance...

Client of Co Achieve - Management of day to day Settlements and General Ledger Communicating with merchants and fulfillment of activities as per the timelines Book Keeping of Chargeback records ( 30%) Maintenance of all the MIS. More...

hey guys help me for my 100 marks project on insurance claim settlement management plz due help me waiting for the help

F&O settlement may cause wilder swings Drafted damage and global meltdown in commodities caused a "manufactured" crash in the stock market of a record magnitude. The crash in prices of base metals at the London Metal Exchange and concerns over CBDT draft circular on taxation of business income...