This is an old revision of this page, as edited by Skalmier (talk | contribs) at 09:52, 23 December 2009 (←Created page with 'A credit operation that is or can be triggered when a buyer does not have sufficient funds to settle a securities transaction in order to improve its cash position ...'). The present address (URL) is a permanent link to this revision, which may differ significantly from the current revision.
A credit operation that is or can be triggered when a buyer does not have sufficient funds to settle a securities transaction in order to improve its cash position for the next settlement cycle. The credit provided can be secured using securities already held by the buyer (“collateral stocks”) or the securities that are being purchased (“collateral flows”).
