Continuous linked settlement: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson m (Category added 9/10/13 and spacing) |
imported>Martin ODonovan (link to CLS article in Treasurer) |
||
| Line 2: | Line 2: | ||
A global real-time settlement system for foreign exchange transactions that eliminates foreign exchange settlement risk caused by delays arising from time-zone differences; the so-called Herstatt risk. | A global real-time settlement system for foreign exchange transactions that eliminates foreign exchange settlement risk caused by delays arising from time-zone differences; the so-called Herstatt risk. | ||
==Other links== | |||
[http://www.treasurers.org/node/6124 The Great FX Fix] ''www.treasurers.org'' | |||
Revision as of 14:42, 15 April 2014
(CLS).
A global real-time settlement system for foreign exchange transactions that eliminates foreign exchange settlement risk caused by delays arising from time-zone differences; the so-called Herstatt risk.
Other links
The Great FX Fix www.treasurers.org
