| Hybrid Settlement System |
| A combination of a real-time gross settlement system and a multilateral net settlement system. Some deferred net settlement systems have incorporated mechanisms for making irrevocable and unconditional funds transfers during the day rather than only at the end of the day. In some cases this has resulted in hybrid systems which combine features, including risk control measures, of gross and net settlement systems. |
Monday, October 5, 2009
Hybrid Settlement System
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