Settlement In Overseas Securities Markets Flashcards
1
Q
What are the names of the two systems that are available to invest is for settling Eurobond transactions?
A
- Euroclear
- Clearstream
2
Q
What are some of the settlement services provided by Euroclear and Clearstream?
A
- Securities clearance and settlement services
- Money transfer and banking services associated with securities settlement.
- Custody services.
- Securities lending.
- Borrowing services.
3
Q
What are the ICMA rules for settlement of Eurobonds?
A
- Settlement on T + 2
- All trades should be confirmed on T + 1