EURONIA and Offline: Difference between pages

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This Euro overnight index average tracks actual average market euro funding rates each day for settlement that day where repayment is made on the following business day.  
1.
In the context of payment and settlement systems, this term may refer to the transmission of transfer instructions by users, through such means as voice, written or telefaxed instructions, that must subsequently be input into a transfer processing system.


It is published by the Wholesale Market Brokers' Association (WMBA) in London at 5 pm each day. It is the weighted average rate to four decimal places of all unsecured euro overnight cash transactions brokered in London by WMBA member firms between midnight and 4 pm London time with all counterparties.
2.  
The term may also refer to the storage of data by a transfer processing system on media such as a magnetic tape or disk so that the user may not have direct and immediate access to the data.


(Distinguish from EONIA, the Euro Overnight Index Average.)
3.
More generally, operating independently of - or disconnected from - another computer or electronic terminal.  For example, not connected to the internet.


== See also ==
* [[Online]]


== See also ==
* [[EONIA]]
* [[Over night index average rate]]
* [[Overnight indexed swap]]
* [[SONIA]]
* [[Wholesale Markets Brokers' Association]]

Revision as of 14:20, 23 October 2012

1. In the context of payment and settlement systems, this term may refer to the transmission of transfer instructions by users, through such means as voice, written or telefaxed instructions, that must subsequently be input into a transfer processing system.

2. The term may also refer to the storage of data by a transfer processing system on media such as a magnetic tape or disk so that the user may not have direct and immediate access to the data.

3. More generally, operating independently of - or disconnected from - another computer or electronic terminal. For example, not connected to the internet.

See also