CNS(redirected from central nervous system)
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Related to central nervous system: peripheral nervous system, autonomic nervous system, sympathetic nervous system, spinal cord, Neurons
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.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.
Continuous Net Settlement
A clearing practice in which all buy and sell orders are settled within a brokerage firm. That is, all buy and sell orders are offset against each other on a particular trading day, such that only orders that are "left over" remain to be settled. This results in fewer securities needing to be moved into or out of a particular brokerage.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.