We describe methods for measuring liquidity provision that can be applied to real-time gross settlement payment systems …. Using data from CHAPS, the UK large-value payment system, we find that smaller banks tend to provide more liquidity than … larger banks, relative to their payment flows. We use a Gini coefficient to measure these variations in liquidity provision …

intraday liquidity management. A model is developed to compare the performance of two different mechanisms to reduce payment … better outcome unless the payment system experiences a system-wide liquidity shock. We show that settlement delay can be … socially efficient, contrary to general understanding of the literature, when it reduces the aggregate cost of liquidity. The …

payments made to liquidity used was 30% lower in the period from 15 September 2008 to 30 September 2009 than in the period … payments with their own liquidity, probably because quantitative easing increased the amount of reserves in the system. To … on Markov models, to quantify the theoretical liquidity impact of delays during an operational outage. We find that …

system and how these incentives change with the introduction of a liquidity-saving mechanism (LSM). We show that an LSM …

This paper examines the impact that payment splitting could have upon the liquidity requirements and efficiency of a … and real UK payments data we find that payment splitting could reduce the liquidity required to settle payments. The … reduction in required liquidity would increase as the payment splitting threshold decreased but the relationship is non …