Continuous linked settlement: Difference between revisions
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imported>Doug Williamson (Linked to The Treasurers Handbook - Payments and payment systems) |
imported>Doug Williamson (Layout.) |
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==Other links== | ===Other links=== | ||
[http://www.treasurers.org/node/6124 The Great FX Fix, The Treasurer Cash Management Supplement 2009] | [http://www.treasurers.org/node/6124 The Great FX Fix, The Treasurer Cash Management Supplement 2009] | ||
[[Category:Cash_management]] | [[Category:Cash_management]] | ||
Revision as of 08:53, 11 May 2015
(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
