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Bilateral netting 1 Clearing 1 Deferred net settlement 1 Direct entry 1 Low-Value Settlement Service (LVSS) 1 Low-value payments 1 Multilateral netting 1 Multilateral settlement 1 Open RBA repo 1 Payments system 1 Real-time Gross Settlement (RTGS) 1 Reserve Bank Information and Transfer System (RITS) 1 Same-day settlement 1 Settlement 1
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Fraser, Sascha 1 Gatty, Adriarne 1
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RBA Bulletin 1
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The Introduction of Same-day Settlement of Direct Entry Obligations in Australia
Gatty, Adriarne; Fraser, Sascha - In: RBA Bulletin (2014) June, pp. 55-64
In November 2013, the Reserve Bank introduced changes to its Reserve Bank Information and Transfer System (RITS) to allow the same-day settlement of non-government direct entry obligations. This outcome met one of the objectives set by the Payments System Board in its June 2012 Strategic Review...
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