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robertking

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robertking

Re: Eli's Gone post# 4439

Thursday, 05/19/2016 3:29:30 PM

Thursday, May 19, 2016 3:29:30 PM

Post# of 6233
So I guess this is the explanation, but I can't imagine why ACTL would have this kind of action-

Same-Day Funds Settlement (SDFS)

A method of settlement used in trading between well-collateralized parties in good-the-same-day federal funds used by the Depository Trust Company for transactions in US government securities, short-term municipal notes, medium-term commercial paper notes, CMOs, and other instruments.
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