Difference between revisions of "Issuance Closing"
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Latest revision as of 11:02, 8 October 2019
Definition
Issuance Closing. The process of crediting the DTC participant account on settlement date with the position for the new issue. The overall closing process includes the exchange of funds that happens outside of DTC.
Disclaimer
This entry annotates a FIBO Ontology Class. FIBO is a trademark and the FIBO Ontology is copyright of the EDM Council, released under the MIT Open Source License. There is no guarantee that the content of this page will remain aligned with, or correctly interprets, the concepts covered by the FIBO ontology.
