Glossary entry (derived from question below)
Spanish term or phrase:
Neto de concertación
English translation:
net settlement
Added to glossary by
patinba
Dec 2, 2020 14:25
3 yrs ago
19 viewers *
Spanish term
Mexico
Neto de concertación
Spanish to English
Bus/Financial
Finance (general)
Regulations of central clearing party
Further to my previous question, I have just received a new document that contains this definition:
Neto de Concertación, al resultado de la suma del número de títulos en cada Operación de compra, menos la suma del número de títulos en cada Operación de venta de un mismo tipo de valor, emisora, serie y en su caso cupón con la misma fecha de concertación, de cada Agente Liquidador y Agente No Liquidador.
Any ideas? Thanks
Neto de Concertación, al resultado de la suma del número de títulos en cada Operación de compra, menos la suma del número de títulos en cada Operación de venta de un mismo tipo de valor, emisora, serie y en su caso cupón con la misma fecha de concertación, de cada Agente Liquidador y Agente No Liquidador.
Any ideas? Thanks
Proposed translations
(English)
| 3 +3 | net settlement |
patinba
|
Change log
Dec 4, 2020 14:57: patinba Created KOG entry
Proposed translations
+3
2 hrs
Selected
net settlement
Your definition is clear that purchases are offset from sales, leaving a net amount for each broker, etc.
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Note added at 6 hrs (2020-12-02 21:13:31 GMT)
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Net settlement in clearing house context:
Net settlement
From Wikipedia, the free encyclopedia
A net settlement is a payment system used for inter-bank transactions. It is the process by which banks calculate the collective total of all transactions through designated times each day.
In an inter-bank payment system using net settlement, debits and credits are recorded and only the difference between the debits and the credits (the net position) is actually paid between the parties. In most payment systems this netting will take place on the clearing house books between the designated settlement times with final settlement of the net positions occurring when funds are debited or credited on its reserve account at a central bank.
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Note added at 6 hrs (2020-12-02 21:13:31 GMT)
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Net settlement in clearing house context:
Net settlement
From Wikipedia, the free encyclopedia
A net settlement is a payment system used for inter-bank transactions. It is the process by which banks calculate the collective total of all transactions through designated times each day.
In an inter-bank payment system using net settlement, debits and credits are recorded and only the difference between the debits and the credits (the net position) is actually paid between the parties. In most payment systems this netting will take place on the clearing house books between the designated settlement times with final settlement of the net positions occurring when funds are debited or credited on its reserve account at a central bank.
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Comment: "Thank you, this seems the most likely answer"
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