Failed delivery and Failed transaction: Difference between pages

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imported>Doug Williamson
(Create page. Source: UK Money Markets Code April 2017: http://www.bankofengland.co.uk/markets/Documents/money/code/ukmoneymarketscode.pdf)
 
imported>Doug Williamson
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The failure to deliver cash or securities in time for the settlement of a transaction.
A transaction such as a funds or securities transfer,  that does not settle on the contractually fixed date. 
 
Failure is generally due to technical or temporary reasons.




== See also ==
== See also ==
* [[Security]]
* [[Settlement]]
* [[Transaction]]
* [[Transaction]]

Revision as of 09:54, 22 June 2016

A transaction such as a funds or securities transfer, that does not settle on the contractually fixed date.

Failure is generally due to technical or temporary reasons.


See also