Search: Close-out netting

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110 of 248 search results for 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.

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Oversight of Clearing and Settlement Facilities

11 Sep 2008 PSB Annual Report – 2008
The stress-test approach is designed to ensure that ACH has sufficient liquidity to assume a defaulter's cash equity settlement obligations and close out its outstanding derivatives positions. ... The Bank has, therefore, been in close dialogue with ASX
https://www.rba.gov.au/publications/annual-reports/psb/2008/oversight.html

Performance of Australia's Payments Infrastructure during the Market Turbulence

2 Oct 2009 PSB Annual Report – 2009
Initial margins are collected by the central counterparties to cover any losses arising in the close out of derivatives positions should a default occur. ... and a requirement to close out positions remaining unsettled on the fifth day after trade date.
https://www.rba.gov.au/publications/annual-reports/psb/2009/performance.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

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 2008

17 Sep 2008 PSB Annual Report 2008 PDF 493KB
https://www.rba.gov.au/publications/annual-reports/psb/2008/pdf/2008-psb-ann-report.pdf

Oversight of Clearing and Settlement Facilities

12 Sep 2014 PSB Annual Report – 2014
Also taking into account multilateral netting of participants' obligations, average daily settlements between participants associated with these trades increased marginally in 2013/14 to $8.3 billion. ... Reflecting the lower liquidity of OTC derivatives
https://www.rba.gov.au/publications/annual-reports/psb/2014/oversight-clearing-set.html

Payments System Board Annual Report 2009

20 Nov 2009 PSB Annual Report 2009 PDF 510KB
https://www.rba.gov.au/publications/annual-reports/psb/2009/pdf/2009-psb-ann-report.pdf

Oversight of Clearing and Settlement Facilities

8 Sep 2011 PSB Annual Report – 2011
This was larger than the 1 per cent fall in traded values, because transactions settled include settlement of non-market transactions and account for multilateral netting of clearing participants' obligations. ... ASX also formalised arrangements with
https://www.rba.gov.au/publications/annual-reports/psb/2011/oversight-clearing-settlement.html

Payments System Board Annual Report 2015

22 Oct 2015 PSB Annual Report 2015 PDF 1153KB
https://www.rba.gov.au/publications/annual-reports/psb/2015/pdf/2015-psb-annual-report.pdf

Payments System Board Annual Report 2014 - Oversight of Clearing and Settlement Facilities

25 Sep 2014 PSB Annual Report 2014 PDF 412KB
https://www.rba.gov.au/publications/annual-reports/psb/2014/pdf/oversight-clearing-set.pdf