Straight Through Processing - STP

外汇网2021-06-19 16:17:01 119

An initiative used by companies in the financial world to optimize the speed at which transactions are processed. This is performed by allowing information that has been electronically entered to be transfered from one party to another in the settlement process without manually re-entering the same pieces of information repeatedly over the entire sequence of events.

While psently only a concept that many are working toward, STP repsents a major shift from psent-day T+3 trading to same-day settlement.

One of the benefits of STP is a decrease in settlement risk. This is because a shortening of transaction-related processing time will increase the probability that a contract or an agreement is settled on time.

标签：