Meaning / Definition of
SENAF
Categories: Investing and Trading, Bonds and Treasuries,
electronic trading system utilized by brokers to trade Spanish bonds and obligations. The system was created in 1999 and operates under a blind bond-trading system. broker dealers have no prior knowledge of the counterparty participating in the transaction. The SENAF system works with CADE, which is the Clearing and Settlement System of the Bank of Spain.
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