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. Both types of exposure need to be managed, and policy and procedures must be established for gathering the required information continually so management can make appropriate and timely decisions.
The large-scale glitch had caused a backlog of up to 1.16 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.
The second key to the current regulatory focus is resiliency: Continued resiliency of books and records (essentially unchanged from previous regulatory guidelines (see Securities Exchange Act of 1934 (Amended), Rules 17(a)(3) and 17(a)(4)); resiliency of intraday processing to reduce exposure to lost or unsettled transactions; and overall resiliency of the financial markets as a whole through an industry-wide synchronized but continually shrinking recovery time objective (i.e., 2-4 hours).
* Confirming both settled and unsettled transactions with the broker-dealer or counter-party
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.
* Confirmation of unsettled transactions with the broker-dealer or counterparty.