Phoenix administration and Real-time gross settlement system: Difference between pages

Revision as of 10:00, 9 October 2013

(RTGS).

Funds transfer.

A gross settlement system in which processing and settlement take place in real time (continuously).

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-Where a firm is put into administration to avoid losses and get out of contracts before the profitable portion is subsequently bought back.
+(RTGS).
+''Funds transfer''.
+A gross settlement system in which processing and settlement take place in real time (continuously).
 == See also ==
-* [[Administration order]]
+* [[EONIA]]
+* [[Fedwire]]
+* [[Gross settlement system]]
+* [[Interlinking]]
+* [[Real-time transmission, processing or settlement]]
+* [[Trans-European automated real-time gross settlement express transfer]]
+[[Category:Payment_and_Clearing_Systems]]