Meaning Herstatt risk
What does Herstatt risk mean? Here you find 3 meanings of the word Herstatt risk. You can also add a definition of Herstatt risk yourself
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Herstatt riskThe risk of loss in foreign exchange trading that one party will deliver foreign exchange but the counterparty financial-institution will fail to complete its end of the contract. This is also referre [..]
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Herstatt riskHerstatt risk, also known as cross-currency settlement risk or foreign exchange risk is the risk that a party to a trade fails to make payment even though it has been paid by its counterparty. It is named after the German bank Herstatt whose license was withdrawn by regulators on June 26, 1974 due to its inability to cover its liabilities. This for [..]
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Herstatt riskThe risk of loss in foreign exchange trading that one party will deliver foreign exchange but the counterparty financial_institution will fail to complete its end of the contract. This is also referre [..]
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