Settlement Risk: Understanding Its Types and How to Minimize It

Settlement risk refers to the possibility of parties failing to fulfill contract terms on time. Discover its main ...
Traders Magazine

FX Settlement Risk On the Rise: BIS Triennial Survey

5 th December 2022 – Daily FX turnover subject to settlement risk has risen to $2.2 trillion from an estimated $1.9 trillion in April 2019, the BIS triennial survey 2022 has revealed. Other findings ...
American Banker

Viewpoint: Gauging Systemic Risk in Settlement Systems

Mutualized industrywide risk mitigation through the shared ownership of payment and settlement systems has long been a pillar of the global financial infrastructure. On any business day U.S. payment ...
American Banker

Viewpoint: CLS Bank: Settlement Risk to End Transactions

Most of the banking community is aware that Continuous Linked Settlement, or CLS, is coming, but fewer fully appreciate the fundamental change in financial market infrastructure it will bring. CLS ...
Finextra

CLS welcomes changes to the FX Global Code settlement risk principles on PvP and netting

CLS, a financial market infrastructure delivering settlement, processing and data solutions across the global FX ecosystem, welcomes changes to the FX Global Code (the Code) which place greater ...
Business Wire

Wells Fargo and HSBC Establish Bilateral Agreement to Settle FX Transactions Through a Blockchain-based Solution

NEW YORK--(BUSINESS WIRE)--Wells Fargo & Company (NYSE: WFC) and HSBC Bank plc today announced an agreement to use a blockchain-based solution for the netting and settlement of matched foreign ...