Same-Day Settlement? How About Same-Second Settlement

Steinert-Threlkeld, Tom
August 2009
Securities Industry News;8/17/2009, Vol. 21 Issue 18, p3
Trade Publication
The article deals with same-day and same-second settlements of securities transactions. It cites the advantages of the settlement, which include reduction of the risk of financial losses to investors and intermediaries from the insolvency of other market participants. Details of how to set up same-second settlement are presented.


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