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.
Search Results
The Impact of Payment System Design on Tiering Incentives
28 Jan 2015
RDP
PDF
862KB
Time when submitted to the simulator. Deferred Active Active Settlement time in RITS. ... Priority Priority Settlement time in RITS. Active Active Active Submission time to RITS.
https://www.rba.gov.au/publications/rdp/2012/pdf/rdp2012-06.pdf
Payment System Design and Participant Operational Disruptions
28 Jan 2015
RDP
PDF
578KB
Time when submitted to the simulator. Active Active Settlement time in RITS Deferred. ... Priority Priority Settlement time in RITS. Active Active Submission time to RITS Active.
https://www.rba.gov.au/publications/rdp/2012/pdf/rdp2012-05.pdf
Identifying Interbank Loans from Payments Data
6 Dec 2016
RDP
PDF
3267KB
RITS). RITS is used by banks and other approved institutions to settle payment obligations on. ... IBOC Survey. However, since our algorithm identifies IBOC loans via their corresponding RITS.
https://www.rba.gov.au/publications/rdp/2016/pdf/rdp2016-11.pdf
The Role of Collateral in Borrowing
14 Jan 2021
RDP
PDF
1784KB
payments through the Reserve Bank Information and Transfer System (RITS). We use the algorithm.
https://www.rba.gov.au/publications/rdp/2021/pdf/rdp2021-01.pdf
Identifying Repo Market Microstructure from Securities Transactions Data
13 Aug 2018
RDP
PDF
2622KB
RITS), the RBA’s high-value settlement system. This permits Austraclear account holders to.
https://www.rba.gov.au/publications/rdp/2018/pdf/rdp2018-09.pdf
Systematic Risk Characteristics of Corporate Equity
1 Dec 2009
RDP
PDF
265KB
market:. ( ) ( )E r r E r rit zt it mt zt = β (1). ... where rit is the equity return for firm i, rmt is the value-weighted average return onthe NYSE, including all distributions of income such as dividends and bonuses.
https://www.rba.gov.au/publications/rdp/1998/pdf/rdp9802.pdf
Submission to Payments System Review
3 Feb 2021
Submissions
PDF
1155KB
It owns, operates and. participates in the system providing real-time gross settlement of high-value payments between financial institutions, the Reserve Bank Information and Transfer System (RITS).
https://www.rba.gov.au/publications/submissions/payments-system/pdf/submission-to-payments-system-review-01-2021.pdf
The Impact of Rating Changes in Australian Financial Markets
2 Dec 2009
RDP
PDF
328KB
For each event (i), the daily (log-differenced) equity price return for the relevant company (Rit) is regressed upon the corresponding broad market return (the All Ordinaries Index, Rmt) using ordinary ... This would suggest estimating the market model
https://www.rba.gov.au/publications/rdp/2004/pdf/rdp2004-02.pdf
Submission on Data Sharing and Release Legislation
18 Oct 2018
Submissions
PDF
207KB
Similar concerns would relate to data resulting from the Bank’s operation of the interbank payments settlement system (the Reserve Bank Information and Transfer System, known as RITS) and specialised
https://www.rba.gov.au/publications/submissions/other/data-sharing-and-release-legislation/pdf/data-sharing-and-release-legislation_2018-08.pdf
A Strategic Plan for the Payments System
6 Jun 2023
Submissions
PDF
539KB
System (RITS) is currently the only domestic SIPS.2 Threats to the operational reliability or security of.
https://www.rba.gov.au/publications/submissions/payments-system/pdf/consultation-on-a-strategic-plan-for-the-payments-system.pdf