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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Final Incident Report RITS and FSS Incident – 12 October 2022
25 Nov 2022
Media Release
PDF
146KB
Incident Report RITS and FSS Incident – 12 October 2022. November 2022 Page 1. ... 07:00 RITS RITS opened 30 minutes earlier without issue. 07:45 External Communication.
https://www.rba.gov.au/media-releases/2022/pdf/mr-22-40-final-incident-report-rits-and-fss-incident-12-october-2022.pdf
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
A Proposal for Implementing Real Time Gross Settlement in Australia (Media Release 1995-05 attachment 2)
13 Aug 2004
Media Release
PDF
178KB
Some enhancements to RITS functions for queueing and reporting would also be appropriate. ... From now Banks can make ES. payments using RITS Warrants, etc now issued.
https://www.rba.gov.au/media-releases/1995/pdf/mr-95-05-attach-2.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
The Case for Real Time Gross Settlement (Media Release 1995-05 attachment 1)
9 Aug 2004
Media Release
PDF
106KB
RITS has become well established as an important part of the settlement infrastructure and integration with Fintracs (which is being discussed separately between the Reserve. ... 4. Bank and Austraclear) would strengthen this position further. RITS
https://www.rba.gov.au/media-releases/1995/pdf/mr-95-05-attach-1.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
Reserve Bank of Australia Domestic Market Dealing Arrangements: Information Paper - 9 May 1996
11 Aug 2004
Media Release
PDF
81KB
3. Settlement. All transactions by the Bank will be for same-day settlement through RITS. ... To assist in this, the Agreement and Annex will be incorporated into the RITS regulations and can be executed bilaterally between counterparties within the
https://www.rba.gov.au/media-releases/1996/pdf/mr-96-06-info-paper.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