Search

ISLA logo

Intermediate Securities Distribution (RHDI)

Intermediate Securities Distribution (RHDI)

SFTR Report - NEWT | Corporate Action Cluster - Addition Sec on Loan | Cash Move - N

Description

The distribution of intermediate securities that gives the holder the right to take part in a future event.

Best Practice

When booking a Intermediate Securities Distribution, a loan contract should be booked in addition to the current contract with your counterparty on the pay date of the event. (COAC-69)

Close

Already a member? Login to your account

Interested in Becoming a Member?

ISLA’s members span the breadth and depth of the securities lending industry, and there are many benefits of joining the Association’s network.

Become a member today