Search: CLS Bank
RBA Glossary definition for CLS Bank
CLS Bank – CLS Bank is a multi-currency bank, regulated by the Federal Reserve Bank of New York, which uses central bank funds to simultaneously settle cross-currency transactions in real time through a process known as Continuous Linked Settlement (CLS).
RBA Glossary definition for CLS
CLS – Continuous Linked Settlement. A process enabling simultaneous foreign exchange settlement across the globe, eliminating the settlement risk caused by delays arising from time-zone differences.
Search Results
The Network Structure of the IBOC Market
14 Feb 2018
RDP
2018-01
Download the Paper 1,628. KB. Studying the IBOC market as a ‘network’ allows us to better understand how the banks are related and the importance of each bank to the ... For interbank markets, the higher the density, the greater the ability of banks
https://www.rba.gov.au/publications/rdp/2018/2018-01/the-network-structure-of-the-iboc-market.html
A Density-based Estimator of Core/Periphery Network Structures: Analysing the Australian Interbank Market
1 Feb 2018
RDP
2018-01
the number of periphery banks to which the core bank could have lent); borrowing errors are computed in an analogous way. ... This is because:. Having a continuum of banks (Assumption 1) means each individual bank has measure zero.
https://www.rba.gov.au/publications/rdp/2018/2018-01/full.html