Settlement (finance) - Immobilisation and Dematerialisation - Immobilisation

Immobilisation

"Economic immobilization" redirects here. For the concept in macroeconomics, see Economic immobility.

Immobilisation entails the use of securities in paper form and the use of a Central Securities Depository or more than one, which is/are electronically linked to a settlement system. Securities (either constituted by paper instruments or represented by paper certificates) are immobilised in the sense that they are held by the depository at all times. In the historic transition from paper-based to electronic practice, immoblisation often serves as a transitional phase prior to dematerialisation.

The Depository Trust Company in New York is the largest immobilizer of securities in the world. Euroclear and Clearstream Banking, Luxembourg are two important examples of international immobilisation systems. Both originally settled eurobonds, but now a wide range of international securities are settled through them including many types of sovereign debt and equity securities.

Read more about this topic:  Settlement (finance), Immobilisation and Dematerialisation

Other articles related to "immobilisation":

Cross-linked Enzyme Aggregate - Immobilisation
... Basically, three traditional methods of enzyme immobilization can be distinguished binding to a support(carrier), entrapment (encapsulation) and cross-linking ... Support binding can be physical, ionic, or covalent in nature ...
Security Industry Authority - SIA Licensing - Licensable Activities (Sectors)
... Surveillance (CCTV) Security Guarding (SG) Vehicle Immobilisation (VI) Key Holding (KH) The Private Security Industry Act 2001 (as amended) allows for SIA licensing of private investigation activities, security ... Act 2012 made it an offence to undertake vehicle immobilisation in England and Wales without lawful authority ... individuals wishing to undertake vehicle immobilisation activities in Northern Ireland (where vehicle immobilisation is still legal) or key holding and non-front line security roles ...
Dislocated Shoulder - Treatment - Post-reduction: Immobilisation in External Versus Internal Rotation
... shoulder dislocation has included immobilisation of the patient's arm in a sling, with the arm placed in internal rotation (across the body) ... Another study found that conventional shoulder immobilisation in a sling offered no benefit ...