Financial Market Infrastructure and Gigabyte: Difference between pages

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''UK financial market regulation.''
''Information technology''


(FMI).
(GB).


1.  
A gigabyte of information is roughly the equivalent of the largest Encyclopaedia.


One of a number of payment systems considered to be systemically important in the UK, and which are therefore subject to supervision by the Bank of England.


They include CHAPS, FPS, BACS and CLS.
Definitions vary, but it is approximately one thousand megabytes.


This would be one billion (1,000,000,000) bytes.


2.
In some definitions it is just over 1.07 billion (= 2<sup>30</sup>) bytes.


More broadly, UK financial market infrastructure supervision extends to all three of:
*Recognised payment systems.
*Securities settlement systems.
*Central counterparties (CCPs).


==See also==
*[[Billion]]
*[[Byte]]
*[[Kilobyte]]
*[[Megabyte]]
*[[Terabyte]]
*[[Zettabyte]]


== See also ==
[[Category:Technology]]
*[[CHAPS]]
*[[CLS]]
*[[Infrastructure]]
*[[Regulation]]
*[[Systemic risk]]
*[[Clearing House Automated Payment System]]
*[[Faster Payments Service]] (FPS)
*[[BACS]]
*[[Continuous linked settlement]]
*[[Bank of England]]
 
[[Category:Cash_management]]

Revision as of 21:16, 13 August 2022

Information technology

(GB).

A gigabyte of information is roughly the equivalent of the largest Encyclopaedia.


Definitions vary, but it is approximately one thousand megabytes.

This would be one billion (1,000,000,000) bytes.

In some definitions it is just over 1.07 billion (= 230) bytes.


See also