book-entry settlement system
1book entry — The nonphysical record of ownership, custody, and transfer of securities through electronic means. The system for settlement, delivery, and custody of uncertificated securities. American Banker Glossary An electronic system of keeping records of… …
2book-entry — The nonphysical record of ownership, custody, and transfer of securities through electronic means. The system for settlement, delivery, and custody of uncertificated securities. American Banker Glossary registered ownership of stock without the… …
3Continuous Net Settlement — ( CNS / RNC) Euroclear Clearing and Settlement glossary An automated book entry accounting system. CNS centralises the settlement of matched transactions and maintains an efficient flow of security and money balances. Euroclear Clearing and… …
4Continuous Net Settlement - CNS — An automated book entry accounting system. CNS centralizes the settlement of compared transactions and maintains an efficient flow of security and money balances. During the CNS process, there are reports that are generated which document the… …
5Continuous Net Settlement — (CNS / RNC) An automated book entry accounting system. CNS centralises the settlement of matched transactions and maintains an efficient flow of security and money balances …
6Electronic Settlement Office — An electronic book entry transfer system for ECU securities. The Bank of England is currently developing the system and plans a live date in 1993. Also simply known as the ESO. It is intended to compete directly with Cedel and Euroclear. ESO is …
8Direct holding system — The direct holding system is a traditional system of securities clearance, settlement and ownership in which owners of securities had a direct relationship with the issuer. Investors would either be recorded on the issuer s register or be in… …
9Australian Clearing House and Electronic Sub-register System — The Australian Clearing House and Electronic Sub register System (commonly abbreviated to CHESS) is an electronic book entry register of holdings of approved securities that facilitates the transfer and settlement of market transactions between… …
10Indirect holding system — The indirect holding system (also multi tiered holding system) is a system of securities clearance, settlement and ownership system most widely used in the world today. It consists of one or more tiers of intermediaries between issuer and… …
