Essays Tagged: "Settlement date"
Role of information technology in investment services industry
nology has impacted all aspects of the investment process from order management to trade execution, settlement instruction communication and pre-settlement matching.SECURITIES MARKETSHistoryUntil the ... sts.ORDER MANAGEMENTInvestment services industry experiences increased trading volume and shortened settlement cycles. Paperless trade execution is integral in dealing with this. Order/trade managemen ...
Subjects: Businesss Research Papers > Management
FOreign exchange market
The Foreign Exchange MarketConcepts1. Value Date:The settlement of a transaction takes place by transfers of deposits between two parties. The day on whi ... nsfers of deposits between two parties. The day on which these transfers are effected is called the Settlement Date or the Value Date.2. Spot Rate:When the exchange of currencies takes place on the se ... ion. Subsequently, written confirmations will be sent containing all the details. On the day of the settlement, bank A will turn over a US dollar deposit to bank B and B will turn over a sterling depo ...
Subjects: Businesss Research Papers > Markets & Exchanges