Straight – Through – Processing (STP)

What is STP? Straight – Through – Processing is an initiative which enables the entire trade process for financial transactions (e.g. capital markets or other payment transactions) to be conducted electronically without the need for further manual...

Dematerialization

  “Dematerialization” also known as “demat” is the elimination of physical certificates or documents of title which represents ownership of securities so that securities exist only as accounting records” It is the process of converting securities (shares, bonds...