Nasdaq Technology Ab

Omx Technology Ab

Omx Technology

Oskar Sander

Johan Soderqvist

Bengt Lejdstrom

Bengt Lejdström

Johan Söderqvist

Fredrik Ohlsson

Michael Dimento

Example embodiments of a data processing method, system, and non-transitory computer-readable medium are described.

Data processing method, system, and non-transitory computer-readable medium

A securities settlement system for settling trades in central depository systems is disclosed. The securities settlement system includes a credit line structure forming a tree structure with a number of levels with credit nodes. The securities settlement system also includes a control system for minimizing the transfer of cash between accounts by propagating cash obligations for each node in the tree structure to a highest common node.

Securities settlement system

A method for financial transactions within a Central Securities Depository comprises a clearing process and a settlement process. The clearing process preparing the transactions for the settlement process selects a settlement rule to be followed in the clearing process. The rule defines how the transaction is to be settled and a settlement obligation group. The group includes a number of settlement instructions that must be settled at the same time. The clearing process also 'locks in' the assets with which the transactions are concerned thereby reserving the assets for a specific settlement instruction. The settlement process includes selecting transfer instructions for all settlement obligations belonging to the settlement obligation group. The transfer instructions are irrevocable instructions to transfer the assets between participants in the CSD. The settlement process also checks that all transfer instructions are carried out successfully and reports the result of the settlement to the participants involved.

Automated method and a system for clearing and settling trades in a CSD-system

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Stockholm, Sweden

Oskar Sander