Search: Close-out netting
RBA Glossary definition for Close-out netting
Close-out netting – An arrangement to settle all contracted but not yet due liabilities to, and claims on, an institution by a single payment, immediately upon the occurrence of one of a list of defined events such as the appointment of a liquidator to that institution.
Search Results
The Future of Clearing and Settlement in Australia: A Discussion Paper
9 Mar 2000
PDF
452KB
This figure is low in comparison to the values of physical securities settled due to the effectof novation and netting.) The SFECH is owned by the Sydney Futures Exchange (SFE),which ... Registry RBA AustraclearComputershareNational. RegistriesRBAOthers.
https://www.rba.gov.au/payments-and-infrastructure/resources/publications/payments-au/future-clearing.pdf
1 Repo Central Clearing Consultation GPO Box 3947 Sydney ...
7 May 2015
PDF
359KB
Managing the close-out of a defaulting member's portfolios is complex and requires. ... expert Default Management Group comprised of expert staff from dealer firms, will close out.
https://www.rba.gov.au/payments-and-infrastructure/submissions/central-clearing-of-repos-in-australia/lch.pdf
Oversight of Clearing and Settlement Facilities
2 Oct 2009
PSB Annual Report
– 2009
of cash equities trades, as a result of the netting of obligations in the batch. ... to close out the position in the market.
https://www.rba.gov.au/publications/annual-reports/psb/2009/oversight.html
Payments System Board Annual Report 2011 - Oversight of Clearing and Settlement Facilities
20 Sep 2011
PSB Annual Report
2011
PDF
569KB
https://www.rba.gov.au/publications/annual-reports/psb/2011/pdf/oversight.pdf
5. Assessment of Clearing and Settlement Facilities against the Financial Stability Standards | 2011/12 Assessment of Clearing and…
9 Mar 2023
2011/12 compliance report for clearing and settlement facilities
https://www.rba.gov.au/payments-and-infrastructure/financial-market-infrastructure/clearing-and-settlement-facilities/assessments/2011-2012/assest-cs-fin-stability.html
Promoting Liquidity: Why and How?
2 Dec 2009
RDP
PDF
484KB
3.4 The Need to Close Out Large Positions in a Short Period (Particularly After a Failure) 11. ... Importantly, there can be close correlations between reductions in market liquidity and funding liquidity.
https://www.rba.gov.au/publications/rdp/2008/pdf/rdp2008-06.pdf
Assessment of Clearing and Settlement Facilities against the Financial Stability Standards | 2014/15 Assessment of ASX Clearing and…
17 Aug 2023
ASX Clear conducts separate liquidity stress tests based on a range of close-out scenarios to establish whether the CCP has access to sufficient financial resources to meet potential payment obligations, ... in part reflects ASX's assessment of the
https://www.rba.gov.au/payments-and-infrastructure/financial-market-infrastructure/clearing-and-settlement-facilities/assessments/2014-2015/assessment-of-clearing-and-settlement-facilities-against-the-financial-stability-standards.html
Attachment: Detailed Information Relevant to Assessment against the Financial Stability Standards | 2008/09 Assessment
9 Mar 2023
have the ability to close out, or otherwise deal with a participant's open contracts in order to appropriately control risk if a participant:. ... closed out, assuming a close-out period of either one or two days.
https://www.rba.gov.au/payments-and-infrastructure/financial-market-infrastructure/clearing-and-settlement-facilities/assessments/2008-2009/attachment.html
Assessment of CS Facilities against the Financial Stability Standards | 2008/09 Assessment
9 Mar 2023
The Reserve Bank welcomes ACH's review of default-management processes, which recognises that detailed ex-ante planning is critical to an effective close-out process. ... The Reserve Bank welcomes this review of default-management processes, which
https://www.rba.gov.au/payments-and-infrastructure/financial-market-infrastructure/clearing-and-settlement-facilities/assessments/2008-2009/assest-cs-fin-stability.html
Recovery and Resolution of Central Counterparties
18 Dec 2013
Bulletin
PDF
227KB
Reserve Bank of Australia Bulletin December 2013
https://www.rba.gov.au/publications/bulletin/2013/dec/pdf/bu-1213-5.pdf