Netting centre

An essential part of a multilateral netting system.

The netting centre acts as a counterparty to all of the participants in the multilateral netting system.

In a group of companies, the netting centre is usually operated by the central or regional treasury centre.

The netting centre typically handles all foreign exchange exposures as well as foreign exchange trading.

See also

• Counterparty
• Multilateral netting
• Multilateral net settlement system
• Netting
• Payments and payment systems