Dedu, Vasile; Neagu, Florian; Mircea, Romulus - In: Theoretical and Applied Economics 8(525) (2008) 8(525), pp. 73-82
The securities markets are going through material structural changes. Some best practices have been identified in order to deliver safety and efficient securities settlement systems. The paper investigates when gross settlement works better than the net solution. We highlight that, due to the...