National Settlement Service
National Settlement Service (NSS)--Annual
|Year||Volume of NSS entries processed (number)||Annual volume growth of NSS entries (percent)||Volume of NSS files processed (number)||Value of total settlement2 ($ millions)||Annual value growth (percent)||Average daily number of entries3 (number)||Average daily number of files3 (number)||Average daily settlement value3 ($ millions)|
1. NSS was implemented in March 1999, but customers did not fully convert from the local settlement service to NSS until year-end 2001. Therefore, data for 1999-2001 should be combined with the statistics identified for the local settlement sheet service to arrive at total net settlement activity. Data from 2002 and beyond represents total National Settlement Service activity. Return to text
2. Each file submitted to NSS contains a number of debit and credit entries which net to zero. The "settlement value" represented in these statistics includes the total dollar value (debits only) of settlement files processed through NSS. Return to table
3. Based on the number of business days per period. Return to table
Source: PACS data base: National Settlement Service - 98445($); 98443, 98444(#).