Search: financial markets
RBA Glossary definition for financial markets
financial markets – A generic term for the markets in which financial instruments are traded. Financial instruments have no intrinsic value of themselves. They represent a claim over real assets or a future income stream. The four main financial markets are the foreign exchange market, the fixed interest or bond market, the share or equity market and the derivatives market.
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Payments System Board Update: August 2023 Meeting
17 Aug 2023
Media Releases
Today's Payments System Board meeting discussed the annual Assessment of the ASX clearing and settlement facilities against the Financial Stability Standards, the oversight of international financial market infrastructures, prominent payment systems,
https://www.rba.gov.au/media-releases/2023/mr-23-20.html
Promoting Competition in the Debit Card Market
21 Jun 2023
Media Releases
Mastercard and Visa have each given undertakings to the Reserve Bank that they will not engage in ‘tying conduct’ involving their debit and credit card products.
https://www.rba.gov.au/media-releases/2023/mr-23-15.html
Strengthening the RBA's Payments Infrastructure
30 May 2023
Media Releases
In January 2023, the Reserve Bank of Australia commissioned a comprehensive review of the operating environment supporting the Reserve Bank Information and Transfer System (RITS). This system is a critical part of Australias payments
https://www.rba.gov.au/media-releases/2023/mr-23-12.html
Statement by Philip Lowe, Governor: Monetary Policy Decision
4 Apr 2023
Media Releases
At its meeting today, the Board decided to leave the cash rate target unchanged at 3.60 per cent and the interest rate on Exchange Settlement balances unchanged at 3.50 per cent.
https://www.rba.gov.au/media-releases/2023/mr-23-08.html
December: 1997-Settlement Practices in the Australian Foreign Exchange Market
9 Mar 2023
Media Release
Foreign Exchange Settlement Practices in Australia 3. Settlement Practices in the Australian Foreign Exchange Market. ... for AUD/USD transactions, the most significant currency pair traded in the Australian market.
https://www.rba.gov.au/media-releases/1997/mr-97-22-fxsp/settlement-practices-aus-fx-market.html
December: 1997-Foreign Exchange Settlement Practices in Australia
9 Mar 2023
Media Release
KB. The research for this report was undertaken by Bernie Egan, Jeff Grow, Nathan Hale and Karen Cole from the Bank's Financial System Department.
https://www.rba.gov.au/media-releases/1997/mr-97-22-fxsp/
December: 1997-Glossary
9 Mar 2023
Media Release
SWIFT. Society for Worldwide Interbank Financial Telecommunication. Systemic risk. The risk that the failure of one participant in a payments system, or in financial markets generally, to meet its required obligations ... Such a failure may cause
https://www.rba.gov.au/media-releases/1997/mr-97-22-fxsp/annex-e.html
December: 1997-Risk Management Practices
9 Mar 2023
Media Release
The following sections review the risk management techniques used in the Australian market. ... This market existed prior to deregulation and operated on a non-deliverable basis.
https://www.rba.gov.au/media-releases/1997/mr-97-22-fxsp/risk-management-practices.html
December: 1997-Methodology
9 Mar 2023
Media Release
The institutions surveyed accounted for over 90 per cent of local market turnover and included both banks and non-banks. ... However, it believes that the information detailed in this report is a fairly accurate representation, in aggregate, of the
https://www.rba.gov.au/media-releases/1997/mr-97-22-fxsp/methodology.html
December: 1997-Next Steps and Conclusions
9 Mar 2023
Media Release
However, that is now changing. In many markets, there is the will and, increasingly, the means to address this problem. ... The RBA's aim is to ensure that the Australian market and the AUD keep up with that process.
https://www.rba.gov.au/media-releases/1997/mr-97-22-fxsp/next-steps-conclusions.html