WorldCat Linked Data Explorer

Turtle N-Triple JSON-LD RDF/XML HTML Contact Us Home

http://worldcat.org/entity/work/id/312426087

Examining the trade-off between settlement delay and intraday liquidity in Canada's LVTS : a simulation approach

This working paper is part of a series that examines a range of economic and financial issues of interest to bankers, economists and policymakers. It explores a fundamental trade-off that occurs between settlement delay and intraday liquidity in the daily operation of large-value payment systems (LVPS), with specific application to Canada's Large Value Transfer System (LVTS). To reduce settlement delay, participants generally must maintain greater intraday liquidity in the system. Intraday liquidity and settlement delay can be costly for LVPS participants, and improvements in the trade-off are desirable. The replacement of standard queueing arrangements with a complex queue-release algorithm represents one such improvement. These algorithms are expected to lower intraday liquidity needs and speed up payments processing in an LVPS. Simulation analysis is used to empirically test this proposition for the case of Canada's LVTS.

Open All Close All

type

about

contributor

creator

description

http://schema.org/description

  • "This working paper is part of a series that examines a range of economic and financial issues of interest to bankers, economists and policymakers. It explores a fundamental trade-off that occurs between settlement delay and intraday liquidity in the daily operation of large-value payment systems (LVPS), with specific application to Canada's Large Value Transfer System (LVTS). To reduce settlement delay, participants generally must maintain greater intraday liquidity in the system. Intraday liquidity and settlement delay can be costly for LVPS participants, and improvements in the trade-off are desirable. The replacement of standard queueing arrangements with a complex queue-release algorithm represents one such improvement. These algorithms are expected to lower intraday liquidity needs and speed up payments processing in an LVPS. Simulation analysis is used to empirically test this proposition for the case of Canada's LVTS."@en

name

http://schema.org/name

  • "Examining the Trade-Off between Settlement Delay and Intraday Liquidity in Canada's LVTS A Simulation Approach"
  • "Examining the trade-off between settlement delay and intraday liquidity in Canada's LVTS : a simulation approach"@en
  • "Examining the trade-off between settlement delay and intraday liquidity in Canada's LVTS : a simulation approach"
  • "Examining the trade-off between settlement delay and intraday liquidity in Canada's LVTS a simulation approach"@en
  • "Examining the trade-off between settlement delay and intraday liquidity in Canada's LVTS a simulation approach"

workExample