Payment Systems in the Financial Markets

Payment Systems in the Financial Markets Real-Time Gross Settlement Systems and the Provision of Intraday Liquidity

1998

Hardback (08 Apr 1998)

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Publisher's Synopsis

The payment system is one of the mechanisms essential to the working of an exchange economy. Over the last decade, central banks have been determined to improve their payment systems to harmonise and reduce risk, and in Europe to anticipate their future interconnection in the TARGET system. This book provides the analytic framework for an informed policy debate on the implications for monetary policy.

Book information

ISBN: 9780333695777
Publisher: Palgrave Macmillan UK
Imprint: Palgrave Macmillan
Pub date:
Edition: 1998
DEWEY: 332.1
DEWEY edition: 21
Language: English
Number of pages: 152
Weight: 338g
Height: 222mm
Width: 141mm
Spine width: 18mm