Search: RITS
RBA Glossary definition for RITS
RITS – The Reserve Bank Information and Transfer System (RITS) was established in August 1991 and is operated by the Reserve Bank of Australia. RITS is Australia's Real-Time Gross Settlement (RTGS) system, which plays a central role in the Australian payments clearing and settlement system.
RITS is the means by which Exchange Settlement Accounts are accessed and membership is compulsory for all Australian-licensed banks and participants in the Reserve Bank's domestic market operations.
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Infrastructure Developments in the Market for Commonwealth Government Securities
19 Sep 2013
Bulletin
– September 2013
The market for Commonwealth Government securities (CGS) is a key financial market in Australia because, among other things, it provides a risk-free benchmark for the pricing of a wide range of fixed income securities. This article discusses aspects
https://www.rba.gov.au/publications/bulletin/2013/sep/6.html
Bulletin March Quarter 2020
26 May 2020
Bulletin
- March 2020
PDF
5308KB
https://www.rba.gov.au/publications/bulletin/2020/mar/pdf/bulletin-2020-03.pdf
Bulletin September Quarter 2020
9 Jun 2021
Bulletin
- September 2020
PDF
5941KB
https://www.rba.gov.au/publications/bulletin/2020/sep/pdf/bulletin-2020-09.pdf
Measuring Global Interest Rate Comovements with Implications for Monetary Policy Interdependence
29 Dec 2022
Conferences
PDF
495KB
RBA Annual Conference 2022
https://www.rba.gov.au/publications/confs/2022/pdf/rba-conference-2022-fry-mckibbin-mckinnon-martin.pdf
Australian Financial Markets
10 Mar 1999
Bulletin
– March 1999
In preparation for the introduction of RTGS, it was decided that the Reserve Bank would be prepared to deal with all members of the Reserve Bank Information and Transfer System (RITS), ... RITS has 240 members, including all major banks and financial
https://www.rba.gov.au/publications/bulletin/1999/mar/1.html
Fast Retail Payment Systems
18 Dec 2014
Bulletin
– December 2014
In December 2014, a group of Australian financial institutions announced that funding had been secured for the next phase of the New Payments Platform (NPP), which will provide the capability for Australian consumers and businesses to make and
https://www.rba.gov.au/publications/bulletin/2014/dec/6.html
Australian Financial Markets
25 Feb 2001
Bulletin
PDF
82KB
This wasfollowed by the Bank’s RITS system,which introduced delivery-versus-payment, and then the ASX’s CHESSsystem for equities.
https://www.rba.gov.au/publications/bulletin/1999/sep/pdf/bu-0999-2.pdf
Australian Financial Markets: Looking Back and Looking Ahead
23 Feb 2001
Bulletin
PDF
73KB
In theprudential sphere, Australia adopted the Baselcapital framework for banks early in the piece.Australia’s settlements systems – Austraclear,RITS and CHESS – comply with the highestinternational standards and Australia’s RTGSsystem
https://www.rba.gov.au/publications/bulletin/2000/mar/pdf/bu-0300-3.pdf
Central Bank Market Operations
17 Sep 2007
Bulletin
PDF
79KB
Address by Mr R Battellino, Deputy Governor, to Retail Financial Services Forum, Sydney, 28 August 2007
https://www.rba.gov.au/publications/bulletin/2007/sep/pdf/bu-0907-4.pdf
Bulletin December Quarter 2020
7 Jan 2021
Bulletin
- December 2020
PDF
5686KB
https://www.rba.gov.au/publications/bulletin/2020/dec/pdf/bulletin-2020-12.pdf