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Technical Analysis Glossary:
Same-Day Funds Settlement (SDFS)
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Same-Day Funds Settlement (SDFS)
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Definition: |
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A method of settlement used in trading between well-collateralized parties in good-the-same-day federal funds used by the Depository Trust Company for transactions in US government securities, short-term municipal notes, medium-term commercial paper notes, CMOs, and other instruments. |
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