Questions tagged [settling-and-clearing]
For questions pertaining to the process of changing ownership between parities of assets usually regarding financial assets.
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98 views
What is the settlement date for ACH?
DTCC requires that equities, municipal debt securities, corporate debt securities, and CDs settle T+2 and US Treasury & Agency debt securities settle T+1.
Is there any strict settlement date for ...
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3answers
176 views
Confusion with settlement time in stocks, forex, futures etc
I've been trading cryptocurrencies for a little while now, and recently I have been looking into stocks, futures and forex etc. During my research, I have run into a subject called settlement times. I ...
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1answer
441 views
What exactly is the difference between a clearing house and a counterparty clearing house?
I know this may sound like a stupid question but I have not yet found an adequate definition of the two that can clearly tell me the difference between them.
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2answers
140 views
Short an option - random assignment?
I'm still really new to options but I'm trying to understand this concept of assignment.
Let’s say I’m short a call of Microsoft at a strike of 80 set to expire in a quarter. Microsoft surges for ...
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1answer
312 views
Settlement of Shares Underlying a Covered Call Option
If I buy 100 shares of XYZ stock one or two minutes before selling one XYZ call option, would this call option be considered "covered", or would it be considered "uncovered" until the 100 shares ...
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2answers
6k views
What is street-side booking?
What is the meaning of the term "street-side bookings" in the context of broker operations? I suspect it has something to do with the Central Counter Party Clearing outlined in https://en.wikipedia....
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Is my spouse at risk for a joint filing in a year where I have settled a major debt? [closed]
I settled and wrote-off a major debt. This was recorded as 1099-E income. I incurred all of this debt under my name only, and she was not my spouse at the time I got into the debt. She was my ...
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2answers
645 views
Understanding the T + 3 settlement days rule
If I:
Buy X at time T
Sell X at time T' where T' < T +3
Buy Y on T' with proceeds from sale of X.
Cannot sell Y before T' +3.
Ref:http://www.slideshare.net/mring33/using-java
Slide 29
It ...
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1answer
511 views
How to properly understand international wire transfers?
I am having a ridiculous time with international (inwards, to Australian account) wire transfers. They have about a 50% chance of succeeding, and I don't know who is being honest with me when things ...
