system transaction administrator
- system transaction administrator
Euroclear glossary.
2008.
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system transaction administrator — In a central system, the entity or neutral body, in charge of providing services to the system s members. It is in charge of performing specified tasks on behalf and under the responsibility of the system s direct members. It can be a matching… … Financial and business terms
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third party — The party that is a customer of either a direct or indirect system member. It is not known by the system transaction administrator, and does not have any liability nor rights, vis à vis the system. Euroclear Clearing and Settlement glossary * * * … Financial and business terms
third party — The party that is a customer of either a direct or indirect system member. It is not known by the system transaction administrator, and does not have any liability nor rights, vis à vis the system … Euroclear glossary
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