InvestorWords.com
straight-through processing
Definition
Ability to receive and process financial transactions from start to finish utilizing an electronic system and without intervention of any sort. Information is easily transferred from one institution and all parties involved quickly. Straight-through processing eliminates possible delay due to information regarding transaction being transmitted slowly or inefficiently. This form of processing is also attractive to investors who are seeking to minimize transaction costs, especially those costs arising from cross border transactions.
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