Deletion: Difference between revisions
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imported>Doug Williamson (Layout.) |
imported>Doug Williamson (Add context of settlement.) |
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''Settlement'' | |||
A mechanism where some or all transfers to/from a defaulting participant are excluded from the settlement process. | A mechanism where some or all transfers to/from a defaulting participant are excluded from the settlement process. | ||
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* [[Default]] | * [[Default]] | ||
* [[Netting]] | * [[Netting]] | ||
* [[Settlement]] | |||
Revision as of 20:54, 3 August 2017
Settlement
A mechanism where some or all transfers to/from a defaulting participant are excluded from the settlement process.
In a netting scheme, this entails the recalculation of other participants’ bilateral and/or multilateral net positions.
