Tag: settlement
Offsetting Transaction
What is an 'Offsetting Transaction' In trading, an activity that exactly cancels the risks and benefits of another instrument in the portfolio....
Abandonment Clause
What is 'Abandonment Clause' A clause in a property insurance contract that, under certain circumstances, permits the property owner to abandon lost...
Real Estate Settlement Procedures Act (RESPA)
What is 'Real Estate Settlement Procedures Act - RESPA' This act was designed to protect potential homeowners and enable them to become...
Canadian Capital Markets Association (CCMA)
What is 'Canadian Capital Markets Association - CCMA' A nonprofit organization that was created to analyze issues arising in the Canadian and...
Canadian Derivatives Clearing Corporation (CDCC)
What is 'Canadian Derivatives Clearing Corporation - CDCC' The central clearing counterparty for exchange-traded derivative products, such as options and futures, in...
Committee Payment Settlement Systems CPSS
Source: WikipediaLast Sourced: 2021-02-01This Article has been Edited for Accessibility Further Reading Global financial standard setting, the G10 committees, and international economic law...
Committee On Payment And Settlement Systems
Learning About the Committee on Payment and Settlement Systems The Committee on Payment and Settlement Systems consists of the central banks of the G10...
Canadian Depository For Securities Limited (CDS)
What is 'Canadian Depository For Securities Limited - CDS' Canada's national securities depository, clearing and settlement hub. The Canadian Depository for Securities...
Qualified Special Representative Agreement (QSR)
What is 'Qualified Special Representative Agreement - QSR' An agreement between broker-dealers to clear trades without the interaction of the NASDAQ ACT...
Failure To Deliver
DefinitionIn finance, a failure to deliver is the inability of a party to deliver a tradable asset, or meet a contractual obligation. A typical...