Continuous linked settlement: Difference between revisions
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imported>Doug Williamson (Add link.) |
imported>Doug Williamson (Add link.) |
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* [[Intraday risk]] | * [[Intraday risk]] | ||
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* [[Real-time gross settlement system]] | |||
Revision as of 13:46, 31 October 2016
(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.
See also
- Settlement system
- Herstatt risk
- Intraday risk
- Payments and payment systems
- Real-time gross settlement system
Other links
The Great FX Fix, The Treasurer Cash Management Supplement 2009
