Continuous linked settlement: Difference between revisions
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* [[Settlement system]] | * [[Settlement system]] | ||
* [[Herstatt risk]] | * [[Herstatt risk]] | ||
* [[Intraday risk]] | |||
* [[Payments and payment systems]] | * [[Payments and payment systems]] | ||
Revision as of 16:26, 11 August 2016
(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 links
The Great FX Fix, The Treasurer Cash Management Supplement 2009
