Search: financial markets
RBA Glossary definition for financial markets
financial markets – A generic term for the markets in which financial instruments are traded. Financial instruments have no intrinsic value of themselves. They represent a claim over real assets or a future income stream. The four main financial markets are the foreign exchange market, the fixed interest or bond market, the share or equity market and the derivatives market.
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Consultation Process and Questions | Central Clearing of OTC Derivatives in Australia June 2011 | Consultations
7 Jun 2011
Consultations
Q9. What would be the impact on the local market of mandatory clearing through a domestic CCP? ... How should Council agencies and market participants look to manage any adverse effects in this area?
https://www.rba.gov.au/publications/consultations/201106-otc-derivatives/consultation-process-questions.html
Introduction | ISO 20022 Migration for the Australian Payments System – Issues Paper – April 2019
31 Dec 2002
Consultations
Some of these services and systems use the Society for Worldwide Interbank Financial Telecommunication (SWIFT) Message Type (MT) messaging standards for messages used in trading, clearing, settlement and payments. ... A number of key financial market
https://www.rba.gov.au/publications/consultations/201904-iso-20022-migration-for-the-australian-payments-system/introduction.html
The Environment for Innovation in the Australian Payments System | Strategic Review of Innovation in the Payments System: Issues for…
7 Jun 2011
Consultations
The literature has generated relatively few specific policy recommendations owing to the complexities of network markets. ... In the absence of market failures, the innovation will most likely proceed if there is a net benefit.
https://www.rba.gov.au/publications/consultations/201106-strategic-review-innovation/issues/environment-innovation-australian.html
Strategic Issues – Scope of Migration | ISO 20022 Migration for the Australian Payments System – Issues Paper – April 2019
31 Dec 2002
Consultations
High value payments – used for AUD customer and financial institution to financial institution wholesale payments. ... RITS – Australia's high value settlement system, which is used by banks and other approved institutions to settle obligations
https://www.rba.gov.au/publications/consultations/201904-iso-20022-migration-for-the-australian-payments-system/strategic-issues-scope-of-migration.html
Glossary | ISO 20022 Migration for the Australian Payments System – Responses and Options Paper – September 2019
31 Dec 2002
Consultations
A task force formed by SWIFT, along with major global banks and market infrastructures responsible for developing ISO 20022 global usage guidelines for high value payments. ... A messaging standard for financial markets developed and maintained by ISO.
https://www.rba.gov.au/publications/consultations/201909-iso-20022-migration-for-the-australian-payments-system-responses-options/glossary.html
Innovation Gaps in the Australian Payments System | Strategic Review of Innovation in the Payments System: Issues for Consultation June…
7 Jun 2011
Consultations
Accordingly, this system is not well suited to making funds accessible quickly, especially across all financial institutions. ... This would still be reliant on financial institutions' systems being capable of making funds available to customers in a
https://www.rba.gov.au/publications/consultations/201106-strategic-review-innovation/issues/innovation-gaps.html
Glossary | ISO 20022 Migration for the Australian Payments System – Issues Paper – April 2019
31 Dec 2002
Consultations
FMI. Financial Market Infrastructure. FSS. Fast Settlement Service. HVCS. High Value Clearing System. ... ISO. International Organization for Standardization. ISO 20022. A messaging standard for financial markets developed and maintained by ISO.
https://www.rba.gov.au/publications/consultations/201904-iso-20022-migration-for-the-australian-payments-system/glossary.html
Introduction | Proposed Variation to the MasterCard and Visa Access Regimes: Consultation Document December 2013 | Consultations
6 Dec 2013
Consultations
had not struck the right balance between competition in the payments system and the financial safety of the schemes. ... As a result of recent developments in the card issuing and acquiring markets and views expressed during the consultation process, the
https://www.rba.gov.au/publications/consultations/20131206-prop-variations-to-mc-visa-access-regimes/introduction.html
Dual-Network Debit Cards | Dual-Network Cards and Mobile Wallet Technology – Consultation Paper – December 2016
10 Dec 2016
Consultations
Scheme debit’ had a relatively small share of the debit transactions until the early to mid 2000s – Visa Debit was traditionally issued primarily by smaller financial institutions and Debit MasterCard was ... However, the Board asked the Bank to
https://www.rba.gov.au/publications/consultations/201612-dual-network-cards-and-mobile-wallet-technology/dual-network-debit-cards.html
Introduction | Results of the Reserve Bank of Australia's 2010 Consumer Payments Use Study June 2011 | Consultations
7 Jun 2011
Consultations
Debit cards appear to have been substituted for cash, with both eftpos and scheme debit (MasterCard/Visa debit cards) gaining market share. ... Internet banking includes ‘pay anyone’ transactions from a financial institution's internet-banking website
https://www.rba.gov.au/publications/consultations/201106-strategic-review-innovation/results/introduction.html