Central Banking

Dutch cbank and Euronext offer real time DvP

The Nederlandsche Bank, the Dutch central bank, and Euronext Amsterdam are to offer real-time DvP from Mar 19, 2001, the central bank has announced.

The Nederlandsche Bank is the settlement bank for Euronext Amsterdam. A few years ago a link was established especially for OTC deals. Via this link batches were routed every half-hour during opening hours to deliver payment instructions and settlement confirmations. Approximately 40 admitted institutions are settling some 4,000 transactions per d

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