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Janitorial closet in Elko, Nevada, United States. A cleaner, cleanser or cleaning operative is a type of industrial or domestic worker who is tasked with cleaning a space. A janitor (US and Canada), also known as a custodian, porter or caretaker, is a person who cleans and might also carry out maintenance and security duties.
Custodial accounts come in a number of forms, one being an account set up for a minor, since the minor is under the legal age of majority. The custodian is often the minor's parent. In the U.S., this type of account is often structured as a Coverdell ESA, allowing for tax-advantaged treatment of educational expenses.
A custodian bank, or simply custodian, is a specialized financial institution responsible for providing securities services. It provides post-trade services and solutions for asset owners (e.g. sovereign wealth funds, central banks, insurance companies), asset managers, banks and broker-dealers. It is not engaged in "traditional" commercial or ...
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Fund administration is the name given to the execution of back office activities including fund accounting, financial reporting, net asset value calculation, capital calls, distributions, investor communications and other functions carried out in support of an investment fund, which may take the form of a traditional mutual fund, a hedge fund, a private equity fund, a venture capital fund, a ...
Once an order is confirmed i.e. when buy/sell part gets its corresponding sell/buy part, the trade is forwarded to the settlement system. During the settlement the custodial participant has to confirm that the order placed by the trading member on behalf of his client is valid and that the trade can occur.
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(The Center Square) – Facing uncertain fates in the U.S. Senate after tough confirmation hearings, the two nominees for top intelligence positions in the U.S. have both condemned government ...
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