Continuous linked settlement: Difference between revisions
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imported>Martin ODonovan (link to CLS article in Treasurer) |
imported>Doug Williamson m (Amended Other links to house style) |
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==Other links== | ==Other links== | ||
[http://www.treasurers.org/node/6124 The Great FX Fix] | [http://www.treasurers.org/node/6124 The Great FX Fix, The Treasurer Cash Management Supplement 2009] | ||
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* [[Settlement system]] | * [[Settlement system]] | ||
[[Category: | [[Category:Cash_management]] | ||
Revision as of 08:18, 16 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, The Treasurer Cash Management Supplement 2009
