English

Straight through processing STP

Here you will find the right answers

Forum Trading Forum Other Investments Straight through processing STP

Your web browser does not support JavaScript, or you have temporarily disabled scripting. This site needs JavaScript to function correctly.

About Moneyland Forum

The moneyland.ch forum lets you exchange knowledge on numerous topics related to money and get answers to your questions at any time. Join forum users and experts in discussions relating to banking, investment, insurance, retirement, telecom and everyday money topics.

Show categories

Forum

Categories

BenutzernameMoneyland User Questions
Status Member
Registriert seit1/27/17
Beiträge2145

June 8, 2017, 11:00:15 AM

What is straight through processing and how does it make a difference for stock traders?

BenutzernameMoneyguru von moneyland.ch
OrtSchweiz
Status Expert
Registriert seit8/4/15
Beiträge4079

June 8, 2017, 3:52:51 PM

Hi there,

Straight-through processing (German: Durchgehende Datenverarbeitung) is the term used to denote the practice of electronically transferring data between the parties in a clearing and settlement process.

In Straight-through processing, original data is transferred directly between all parties involved, elminating the need to re-enter the same data at each point in the settlement process. Transactions are identified by a 16-digit identifier which remains the same throughout the process. This allows transactions to be largely automated.

The SIX Swiss Exchange uses straight through processing for certain transactions.

Best regards from Moneyguru

Compare Swiss online stock brokers now.