February 2003
Beginner
208 pages
4h 55m
English
Content preview from Understanding the Markets
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Appendix 1
ISSA 2000 recommendations
The ISSA recommendations 2000 are:
1 Securities systems have a primary responsibility to their users and
other stakeholders. They must provide effective low-cost process-
ing. Services should be priced equitably.
2 Securities systems must allow the option of network access on an
interactive basis. They should cope with peak capacity without any
services degradation, and have sufficient standby capabilities to
recover operations in a reasonably short period within each
processing day.
3 The industry worldwide must satisfy the need for efficient, fast
settlement by full adherence to the International Securities
Numbering ...
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