Settlement status

There are various pre-value date settlement status:

• Matched     settlement instructions - If custodian finds everything in order, then status is matched. Then both parties are advised of the status and instructions are kept by custodian till value date.
• Unmatched settlement instructions - If custodian finds any discrepancies, the status is advisory and this is issued to both parties. These are investigated immediately with priority given to those close to value date or having higher net cash value settlement amounts.
• Advisory     settlement instructions
• Settled instructions