Continuous linked settlement: Difference between revisions
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imported>Doug Williamson (Add link.) |
imported>Doug Williamson (Layout.) |
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* [[Intraday risk]] | * [[Intraday risk]] | ||
* [[Payments and payment systems]] | * [[Payments and payment systems]] | ||
* [[Real-time gross settlement system]] | * [[Real-time gross settlement system]] (RTGS) | ||
==Other resource== | |||
[http://www.treasurers.org/node/6124 The Great FX Fix, The Treasurer Cash Management Supplement 2009] | [http://www.treasurers.org/node/6124 The Great FX Fix, The Treasurer Cash Management Supplement 2009] | ||
[[Category:Cash_management]] | [[Category:Cash_management]] | ||
Revision as of 19:34, 26 June 2022
(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 (RTGS)
Other resource
The Great FX Fix, The Treasurer Cash Management Supplement 2009
