Netting centre: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson (Expand to align with study material.) |
imported>Doug Williamson (Classify page.) |
||
| Line 15: | Line 15: | ||
* [[Netting]] | * [[Netting]] | ||
* [[Payments and payment systems]] | * [[Payments and payment systems]] | ||
[[Category:Cash_management]] | |||
[[Category:Liquidity_management]] | |||
Latest revision as of 20:29, 1 July 2022
An essential part of a multilateral netting system.
The netting centre acts as a counterparty to all of the participants in the multilateral netting system.
In a group of companies, the netting centre is usually operated by the central or regional treasury centre.
The netting centre typically handles all foreign exchange exposures as well as foreign exchange trading.
