Settlement activity

Settlement activity refers to the process of completing a financial transaction, such as a trade or transfer, by transferring ownership of assets or money between parties. After a trade is agreed upon, settlement ensures that the buyer receives the asset (like stocks or securities) and the seller receives payment. This process typically involves banks, clearinghouses, and custodians working together to verify, transfer, and record the exchange accurately. Settlement activity is crucial for maintaining trust, accuracy, and stability in financial markets by ensuring that transactions are finalized correctly and efficiently.