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such standing instruction or a change to such instruction shall take effect from the next business day .
such standing instruction or a change to such instruction shall take effect from the next business day .
Last Update: 2011-10-23
Usage Frequency: 1
Quality:
any fee payable in relation to a payment instruction submitted or payment received by an as , via either the participant interface or the asi , shall be exclusively charged to this as .
any fee payable in relation to a payment instruction submitted or payment received by an as , via either the participant interface or the asi , shall be exclusively charged to this as .
Last Update: 2011-10-23
Usage Frequency: 1
Quality:
gross settlement system : a transfer system in which the settlement of funds or the transfer of securities occurs on an instruction-by-instruction basis .
gross settlement system : a transfer system in which the settlement of funds or the transfer of securities occurs on an instruction-by-instruction basis .
Last Update: 2011-10-23
Usage Frequency: 1
Quality:
in the event of the participant 's insolvency , the as-related payment instruction for the squaring of the participant 's settlement obligation shall be a first demand for payment under the guarantee ;
in the event of the participant 's insolvency , the as-related payment instruction for the squaring of the participant 's settlement obligation shall be a first demand for payment under the guarantee ;
Last Update: 2011-10-23
Usage Frequency: 1
Quality: