Continuous-linked settlement - The Asian connection

Several Asian banks are already using continuous-linked settlement to reduce foreign exchange risk, but with more Asian currencies set to be added over the next year, the number of users looks set to rise further.

When CLS Bank International launched in September 2002 it included two Asian currencies – Australian dollar and yen – among the seven for which it offered foreign exchange settlement processing. Created to reduce settlement risk in the nearly $2 trillion a day currency market, CLS Bank has since incorporated the Singapore dollar in September this year and announced its intention to bring the Hong Kong and New Zealand dollars and Korean won onto the system in 2004. Since most forex trading in

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here