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Continuous net settlement |
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Continuous net settlement (CNS) Method of securities clearing and settlement using a clearing house, which matches transactions to securities available, resulting in one net receive or deliver position at the end of the day. |
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| Completed virtually all the planned straight-through processing phase steps, including a major redesign of the Continuous Net Settlement System and initial Inventory Management System phases, to allow a shorter settlement cycle if the industry decides to move to something less than T+3 settlement. |
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Continuous net settlement
