Neto de concertación

English translation: net settlement

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Spanish term or phrase:Neto de concertación
English translation:net settlement
Entered by: patinba

14:25 Dec 2, 2020
Spanish to English translations [PRO]
Bus/Financial - Finance (general) / Regulations of central clearing party
Spanish term or phrase: Neto de concertación
Further to my previous question, I have just received a new document that contains this definition:

Neto de Concertación, al resultado de la suma del número de títulos en cada Operación de compra, menos la suma del número de títulos en cada Operación de venta de un mismo tipo de valor, emisora, serie y en su caso cupón con la misma fecha de concertación, de cada Agente Liquidador y Agente No Liquidador.

Any ideas? Thanks
Neil Forrest
Mexico
Local time: 19:27
net settlement
Explanation:
Your definition is clear that purchases are offset from sales, leaving a net amount for each broker, etc.

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Note added at 6 hrs (2020-12-02 21:13:31 GMT)
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Net settlement in clearing house context:
Net settlement
From Wikipedia, the free encyclopedia

A net settlement is a payment system used for inter-bank transactions. It is the process by which banks calculate the collective total of all transactions through designated times each day.

In an inter-bank payment system using net settlement, debits and credits are recorded and only the difference between the debits and the credits (the net position) is actually paid between the parties. In most payment systems this netting will take place on the clearing house books between the designated settlement times with final settlement of the net positions occurring when funds are debited or credited on its reserve account at a central bank.
Selected response from:

patinba
Argentina
Local time: 22:27
Grading comment
Thank you, this seems the most likely answer
4 KudoZ points were awarded for this answer



Summary of answers provided
3 +3net settlement
patinba


  

Answers


2 hrs   confidence: Answerer confidence 3/5Answerer confidence 3/5 peer agreement (net): +3
net settlement


Explanation:
Your definition is clear that purchases are offset from sales, leaving a net amount for each broker, etc.

--------------------------------------------------
Note added at 6 hrs (2020-12-02 21:13:31 GMT)
--------------------------------------------------

Net settlement in clearing house context:
Net settlement
From Wikipedia, the free encyclopedia

A net settlement is a payment system used for inter-bank transactions. It is the process by which banks calculate the collective total of all transactions through designated times each day.

In an inter-bank payment system using net settlement, debits and credits are recorded and only the difference between the debits and the credits (the net position) is actually paid between the parties. In most payment systems this netting will take place on the clearing house books between the designated settlement times with final settlement of the net positions occurring when funds are debited or credited on its reserve account at a central bank.

patinba
Argentina
Local time: 22:27
Specializes in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 1338
Grading comment
Thank you, this seems the most likely answer

Peer comments on this answer (and responses from the answerer)
agree  Luis M. Sosa
20 mins
  -> Gracias!

neutral  Francois Boye: A central clearing clears, i.e., determines the clearing price of a specific market
49 mins
  -> I don't think so. It settles transactions between members.

agree  Matthew Hoffman: This seems like the most likely translation. The term also appears as "net of settlement" in certain contexts.
2 hrs
  -> Thank you!

agree  AllegroTrans
20 hrs
  -> Thank you!
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