settlement queue

settlement queue
On CREST, each matched market transaction ( matched transaction) enters each member's settlement queue at the start of the intended settlement day ( intended settlement date), i.e. settlement queues are transactions awaiting settlement. There are two types of queue: cash queues ( i.e. credit) and stock queues. Dresdner Kleinwort Wasserstein financial glossary

Financial and business terms. 2012.

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