Casino finance and Category 3 messages: Difference between pages

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An investment strategy that is considered extremely risky.
''Society for Worldwide Interbank Financial Telecommunications (SWIFT)''


Often refers to large 'bets' on high risk investments, with an anticipated high potential reward outcome.
SWIFT Category 3 messages relate to treasury markets and include:
*Foreign exchange;
*Money markets; and
*Derivatives.
 
 
<span style="color:#4B0082">'''''Changes to SWIFT messages'''''</span>
 
:"Members using SWIFT Category 3 messages to report and confirm forex transactions and OTC derivatives were recommended to seek further information from SWIFT or their electronic trading platform suppliers, to ensure they were able to format messages by the November [2017 changes] implementation date."
 
:''The Treasurer magazine, March 2017, p13 - Technical briefing.''




== See also ==
== See also ==
* [[Finance]]
* [[Derivative instrument]]
* [[Guide to risk management]]
* [[Forex]]
* [[MT940]]
* [[Over the counter]]  (OTC)
* [[Society for Worldwide Interbank Financial Telecommunications]]  (SWIFT)
* [[SWIFTNet]]


[[Category:Manage_risks]]
[[Category:The_business_context]]
[[Category:Risk_frameworks]]
[[Category:Financial_products_and_markets]]

Revision as of 05:43, 27 June 2022

Society for Worldwide Interbank Financial Telecommunications (SWIFT)

SWIFT Category 3 messages relate to treasury markets and include:

  • Foreign exchange;
  • Money markets; and
  • Derivatives.


Changes to SWIFT messages

"Members using SWIFT Category 3 messages to report and confirm forex transactions and OTC derivatives were recommended to seek further information from SWIFT or their electronic trading platform suppliers, to ensure they were able to format messages by the November [2017 changes] implementation date."
The Treasurer magazine, March 2017, p13 - Technical briefing.


See also