Continuous linked settlement: Difference between revisions

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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.
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 ==
== See also ==
* [[Settlement system]]
* [[Settlement system]]
* [[Herstatt risk]]
* [[Intraday risk]]
* [[Payments and payment systems]]
* [[Real-time gross settlement system]]  (RTGS)
* [[Settlement]]
==Other resource==
[http://www.treasurers.org/node/6124 The Great FX Fix, The Treasurer Cash Management Supplement 2009]
[[Category:Cash_management]]

Latest revision as of 22:04, 7 July 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


Other resource

The Great FX Fix, The Treasurer Cash Management Supplement 2009