Interchange and International Securities Market: Difference between pages

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imported>Doug Williamson
(Create page. Sources: linked pages.)
 
imported>Doug Williamson
(Create page. Source: The Treasurer, June 2018, p07.)
 
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1.  ''Payments - cards - charges.''
''London Stock Exchange (LSE)''.


Interchange fees or charges relate to credit cards, debit cards, and other cards.
(ISM).


Interchange charges are levied by the merchant acquiring company (normally a bank or other financial institution that "buys” the transactions from the retailer at a discount).  
The International Securities Market operates alongside the LSE's other markets.


They include transaction fees for debit cards and turnover fees for credit cards charged by the card acquirer that processes card payments on behalf of the retailer.
It is an exchange-regulated multilateral trading facility market for primary debt and aimed at institutional and professional investors worldwide.
 
Interchange charges are often negotiable and depend on the volumes of transactions, the average transaction size, the method of processing and the credit quality of the transactions.
 
 
2.  ''Information technology.''
 
The transmission or exchange of electronic information, usually following a prescribed format such as ASCII.
 
 
3.  ''Exchange and substitution.''
 
Any mutual transfer or substitution, either virtual or physical.




== See also ==
== See also ==
* [[Acquirer]]
* [[London Stock Exchange]]
* [[ASCII]]
* [[Primary market]]
* [[Credit]]
* [[United Kingdom]]
* [[Credit card]]
* [[Debit card]]
* [[Emerging Payments Association]]
* [[Information technology]]
* [[Interchange Fee Regulation]]
* [[Pay]]
* [[Payment]]
* [[Payments and payment systems]]
* [[PSOR]]
* [[Receipt]]
* [[Remittance]]
 
[[Category:Accounting,_tax_and_regulation]]
[[Category:The_business_context]]
[[Category:Identify_and_assess_risks]]
[[Category:Manage_risks]]
[[Category:Cash_management]]
[[Category:Financial_products_and_markets]]
[[Category:Liquidity_management]]
[[Category:Technology]]

Revision as of 12:57, 1 June 2018

London Stock Exchange (LSE).

(ISM).

The International Securities Market operates alongside the LSE's other markets.

It is an exchange-regulated multilateral trading facility market for primary debt and aimed at institutional and professional investors worldwide.


See also