clearing system
121European System of Central Banks — ( ESCB) Euroclear Clearing and Settlement glossary Comprises the ECB and national central banks of all EU members states, whether or not they have adopted the euro. Euroclear Clearing and Settlement glossary …
122Federal Reserve System — US Notenbank; Fed; Federal Reserve; Zentralbank der Vereinigten Staaten * * * Federal Reserve System [ fedərəl rɪ zəːv sɪstəm], Kurzbezeichnung Fed, Geld und Kreditsystem der USA, geschaffen durch den Federal Reserve Act vom 23. 12. 1913,… …
123Average Price System — ( APS) CME Rule 553 enables clearing firms, in defined circumstances, to confirm average prices when multiple prices are received on the execution of an order or a series of orders ( series averaging ) during a single trading session. The APS is… …
124Euroclear system — Current settlement system of Euroclear Bank. Euroclear Clearing and Settlement glossary …
125settlement sub-system — The system operated by the CSD to process the settlement of instructions, manage the Securities Accounts balances and the Purchasing Powers and provide reporting to the Clients. Euroclear Clearing and Settlement glossary …
126Forward Market Settlement System — (FMS) Euroclear Belgium s clearing and settlement system …
127Cheques with extended clearing date — Cheques processed in an automated system which require a longer than normal period to clear …
128ancillary system — In particular, when reference is made in the TARGET context to ancillary systems (AS); these include retail payment systems, large value payment systems, foreign exchange settlement systems, money market systems, clearing houses and securities… …