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Showing 1 - 4 of 4 results for "Gross settlement"

RBA crushes hopes of Libra launch

ALLY SELBY  |  FRIDAY, 10 JAN 2020
... impact the RBA's "mandates as the issuer of Australia's banknotes, operator of Australia's real-time gross settlement system, and its responsibilities for the stability of the financial system and the stability and efficiency of the payments ...

Northern Trust to clear high-value payments

KANIKA SOOD  |  WEDNESDAY, 25 SEP 2019
... every day. The custody bank will now be able to settle its own high value payment obligations on a real-time gross settlement basis via the Reserve Bank Information and Transfer System (RITS). "As a direct clearer of Australian dollars, Northern Trust ...

RBA calls for more innovation

KANIKA SOOD  |  FRIDAY, 26 OCT 2018
... sort of culture," Johnston said. RBA built the new payments settlement system FSS as a service of its real time gross settlement system RITS (Reserve Bank Information and Transfer System).

BNP Paribas signs up to TARGET 2

JAMES FERNYHOUGH  |  MONDAY, 12 MAY 2014
... TARGET 2 Securities (TS2) settlement program. The TARGET 2 - which stands for Trans-European Automated Real-time Gross settlement express transfer system - is an initiative that provides a single platform for securities settlement in central bank money ...
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