Glossary entry

Italian term or phrase:

aderente diretto

English translation:

direct participant

Added to glossary by EirTranslations
Jun 10, 2015 12:32
9 yrs ago
2 viewers *
Italian term

aderente diretto

Italian to English Bus/Financial Finance (general)
quali la Banca accede in qualità di aderente diretto, pls see below thanks for trading

3.2 Strumenti Finanziari non Obbligazionari ammessi a negoziazione nei Mercati Regolamentati e/o MTF comunitari (Spazio Economico Europeo) (diversi da quelli italiani) e sedi equivalenti in paesi extracomunitari
Gli ordini sugli strumenti finanziari sopra citati saranno eseguiti sui Mercati Regolamentati e/o sui sistemi multilaterali di negoziazione (MTF) esteri, preferibilmente quelli ai quali la Banca accede in qualità di aderente diretto, anche avvalendosi di negoziatori selezionati che garantiscono il rispetto dei fattori ritenuti rilevanti per la propria strategia di esecuzione.
Proposed translations (English)
3 +1 direct participant

Proposed translations

+1
2 hrs
Selected

direct participant

Final settlement takes place across direct participant banks’ correspondent accounts held at the TARGET2 SSP or, for indirect participants, across banks’ correspondent accounts held at the Bank of Greece.
https://globalconnections.hsbc.com/downloads/treasury_manage...


As a result of the recent decision by the Swiss National Bank (SNB) to impose negative credit interest rates to their member banks, the money market response has led to de-facto negative rates on CHF balances for most financial institutions even beyond the SNB's direct participant banks
http://goo.gl/pbJUD6


For the purposes of the interbank payment system in the Czech Republic, Česká národní banka maintains an account for each direct participant (banks, savings and credit cooperatives).
https://www.ecb.europa.eu/pub/pdf/other/ecbbluebooknea200708...
Peer comment(s):

agree Peter Cox
1 day 12 hrs
Thank you for confirming this, Peter Cox.
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4 KudoZ points awarded for this answer. Comment: "thx"
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