Settlement

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Definition:
Settlement is the second half of a transaction process (such as a securities trade) in which securities are delivered, usually in exchange for payment. Settlement is preceeded by the clearing process, which facilitates the completion of a trade. Securities can sometimes be delivered without any payment if used as collateral against a loan or to satisfy a margin call.

Related Concepts:

Fedwire
Margin Call
 

Available Positions Related to Settlement:

Asset & Investment Management jobs

Financial Services Operations jobs

 

Relevant Functional Areas:
Asset Management
Fiduciary Administration
Financial Services Operations
 

Related Job Titles:
Collateral Management
Trade Support
 

 

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