Short settlement

Short settlement

Trade settlement made prior to the standard five-day period due to customer request.

Short Settlement

A trade that is settled before it otherwise would have been, because one party or the other requests it.
References in periodicals archive ?
Employers could either set this out in a short letter, or alternatively consider entering into a short settlement agreement.
The consultation suggests adopting a T+2 settlement period across the region so that those countries already using short settlement periods are not required to move to a longer timeframe.
In addition, the platform allows for the issuance of tradable Islamic money market products settling with short settlement cycles (T+0) enabling the issuance of overnight products or other short dated money market instruments and hence enhancing the liquidity of the Islamic money markets.