Series 99: 2.1.4.4 Continuous Net Settlement

Taken from our Series 99 Top-off Online Guide

2.1.4.4  Continuous Net Settlement

Continuous net settlement (CNS) is a type of clearing practice where buy and sell orders are not settled within a firm until the end of the day, resulting in one net position for the firm for the day. This practice, using a book-entry acco

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