Abstract
Z account (UK). A type of account opened by the Bank of England to allow large dealers in the gilt-edged market, such as MARKET MAKERS, insurance companies and a few others, to register transfers of stock quickly. The account is a privilege granted to major dealers in the market in order to assist dealing and liquidity.
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© 1989 Stuart Valentine
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Valentine, S. (1989). Z. In: International Dictionary of the Securities Industry. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-09789-0_26
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DOI: https://doi.org/10.1007/978-1-349-09789-0_26
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-1-349-09791-3
Online ISBN: 978-1-349-09789-0
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