Continuous linked settlement

From ACT Wiki
Revision as of 22:04, 7 July 2022 by imported>Doug Williamson (Add link.)
(diff) ← Older revision | Latest revision (diff) | Newer revision → (diff)
Jump to navigationJump to search


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