Unsettled Transaction

Unsettled Transaction

A sale on which payment has not been made. See also: Clearing House.
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The unsettled transaction is due to the ongoing arbitration over the disputes between Primus Pacific, a private equity fund and EON Capital's biggest shareholder, and certain other shareholders and directors of EON Capital, Fitch added.
The comments from the bank came amidst revelations that 80 percent of the unsettled transactions cover products at the top of the import-priority list.
This includes differentiating between strategic currency exposures affecting sales and profits in each foreign market and the post-sale impact of currency rate fluctuations on unsettled transactions.
16 million unsettled transactions at one of Japan's biggest commercial banks with a nationwide presence.
In sections 4 b) and c) the effects of varying liquidity on payment delays and the volume of unsettled transactions are studied.
However, even though the level of liquidity is sufficient in normal situations, the extent of delays and unsettled transactions may become significant when a "critical" liquidity level has been reached.
By reducing the number of days between trade date and settlement date in the standard securities transaction, the number of such unsettled transactions existing in the clearance and settlement system, and the consequent systemic risk, can be reduced.
Sound practices detailed in the Notice include: heightened firm scrutiny of red flags such as trading limit breaches, unrealized profit and loss on unsettled transactions, unusual patterns of cancellations and corrections, a pattern of aged fails to deliver; increased password security and other protections of firm systems and risk management information; and creating a stronger compliance culture within the firm.
Confirmation of unsettled transactions with the broker-dealer or counterparty.