securities transaction
81gain — A profit on a securities transaction recognized by selling a security for more than the security originally cost. The gain is the difference between the cost and the sale. Bloomberg Financial Dictionary * * * ▪ I. gain gain 1 [geɪn] …
82interpositioning — The practice of using a second broker in a securities transaction, which is considered illegal it is if used to generate additional commission. Bloomberg Financial Dictionary …
83split order — A large securities transaction that is divided into smaller orders that are spread out over some period of time to avoid large fluctuations in the market price. Bloomberg Financial Dictionary …
84zero-plus tick — Used for listed equity securities. transaction at the same price as the preceding trade, but higher than the preceding trade at a different price. Antithesis of zero minus tick. Bloomberg Financial Dictionary See: short sale. Bloomberg Financial… …
85broker to custodian trade affirmation system — ( SBI) Euroclear Clearing and Settlement glossary A stock exchange ( Euronext) trade affirmation platform, managed by Euroclear France, used between brokers and their clients (custodians). Confirmed trades automatically generate DVP securities… …
86SBI — ( broker to custodian trade affirmation system) Euroclear Clearing and Settlement glossary A stock exchange ( Euronext) trade affirmation platform, managed by Euroclear France, used between brokers and their clients (custodians). Confirmed trades …
87cut-off time — The deadline defined by a system to accept securities transaction instructions for a specific defined settlement cycle. Euroclear Clearing and Settlement glossary …
88delivery by mutual consent settlement service — ( SLAB) Euroclear Clearing and Settlement glossary In Euroclear France, system of reception, gathering and matching of securities transaction instructions for over the counter transactions. Euroclear Clearing and Settlement glossary …
89end-of-month settlement — ( SRD) Euroclear Clearing and Settlement glossary End of month settlement is the opposite from rolling settlement whereby the settlement date of a party s securities transaction instruction is deferred until the end of the month. Hence, it is… …
90settlement connect — An interface through which securities transaction instructions are entered from the Clearing 21® platform. Euroclear Clearing and Settlement glossary …
