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X9 X9.20-1998
- Securities - Institutional Delivery System
- standard by Accredited Standards Committee X9 Incorporated, 07/29/1998
- Publisher: X9
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Describes the formats to be used by all institutions professionally engaged in the securities business, in particular banks, brokers, investment managers, and money managers for purposes of processing security transactions through the National Institutional Delivery system operated by a Clearing Corporation or Depository. The standardized input format will provide for a more efficient computer processing for all parties involved in a securities transaction.
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