06 Jun CFA, Finance, FRM How does CLS reduce Herstatt Risk? June 6, 2020 By swati 0 comments How does CLS reduce Herstatt Risk? What is Herstatt Risk? Herstatt risk is the risk of loss in settlement of foreign exchange transac...Continue reading
14 May Finance How does Continuous Linked Settlement Work? May 14, 2020 By Ashutosh Buch 0 comments What is Continuous Linked Settlement (CLS)? Continuous Linked Settlement System was introduced to provide settlement services for fore...Continue reading