The firm lost £15 million when a rush of orders overwhelmed the firm's settlement system in 1987.
In the net settlement system, all the inter-institution transactions during the day are accumulated.
Different settlement systems may have existed among groups that exploited coastal resources.
Half of the trading in government bonds, for example, moves through its settlement system.
This may be rather a purist definition, but it does direct attention to the role of key settlements within the wider settlement system.
The Exchange had a very smooth settlement system.
T2S is designed to be an extremely secure settlement system.
The settlement system handles about 95 percent of all international dollar transactions.
The long-term solution is to take much of the unnecessary paper out of the current settlement system.
Historically speaking, we know that the settlement systems within the European Union have developed along different lines.
