Question
I oversee settlement of trades in an international financial institution. At the end of the day, I am projected to have trades with settlement of
I oversee settlement of trades in an international financial institution. At the end of the day, I am projected to have trades with settlement of 100 shares in DTC and -20 shares in CREST. If I move 20 shares from DTC to CREST, is that an example of a cross border settlement or is that an example of lending shares from one CSD member to another?
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Principles of Finance
Authors: Scott Besley, Eugene F. Brigham
5th edition
1111527369, 978-1111527365
