straight-through processing


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Straight Through Processing

An as-yet unimplemented process that would allow transactions and payments to occur without re-entering information manually. That is, STP would permit all information on a transaction to transfer electronically to the appropriate broker, dealer, or other party.

straight-through processing

The direct exchange of cash and securities. Straight-through processing is a major objective for cross-border transactions that are generally much more costly to settle compared to domestic transactions.