Finish link settlement easily

Aug 6th, 2022
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How to finish link settlement

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what is up everybody I hope you guys are all having a fantastic day tons of information to get into today I wanted to start with this though so looking at Price action of Bitcoin um I actually always find it interesting to occasionally kind of you know pull these kind of vertical lines that represent the happening dates for Bitcoin for the block rewards um and kind of analyze you know potentially where we could be at within uh the cycle I know probably most people watching you know this video might not you know maybe you do maybe you dont hold Bitcoin but I still look at Bitcoin as kind of an indicator across the entire ecosystem one thing thats interesting is if you kind of look at the happening dates uh and in relation to the market bottoms of previous Market bottoms prior to the next happening dates um right here I think its its like 17 or 18 months right here is about I think 18 months this is 17 months um and you know if you kind of use the same time frames you can look back

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Disadvantages: At present, the CLS bank settles transactions of only 17 currencies all over the world. Many currencies have not been part of the CLS settlement system on account of insufficient business volume or costs outweighing benefits.
A payment schedule is devised by CLS for short currency positions and by given pay-in times during the CLS day (within the settlement window i.e. 7:00 to 12:00 CET), the Settlement Member makes the payments to CLS Bank and correspondingly receives payments for its long positions.
Continuous Linked Settlement (CLS) is a global initiative to reduce foreign exchange settlement risk by settling both legs of foreign exchange transactions simultaneously. Transactions are settled across the books of CLS Bank International (CLS Bank), a special purpose bank established to facilitate the CLS process.
Continuous Linked Settlement (CLS) is an industry initiative to eliminate the settlement risk in foreign exchange transactions. This is achieved by using a payment versus payment method, which provides a simultaneous exchange of currency values through CLS Bank International.
The primary advantage of CLS: reducing risk International banks have been the first to adopt the CLS system in order to reduce their FX settlement risk, also called Herstatt risk. For a bit of history, in 1974, the bankruptcy of the German bank Herstatt blocked the dollar interbank payment system.
Continuous Linked Settlement (CLS) is a global initiative to reduce foreign exchange settlement risk by settling both legs of foreign exchange transactions simultaneously. Transactions are settled across the books of CLS Bank International (CLS Bank), a special purpose bank established to facilitate the CLS process.
For example, dollar payments are settled later than euro payments, which in turn are settled later than yen payments. Thus, someone buying in dollars and paying in euros will have settled the euro side of the payment before receiving any dollars.
A continuous linked settlement is the process of settling foreign exchange transactions cooperatively among major banks to reduce the settlement risk. The continuous linked settlement system operates from London where it can be most effective in responding to requirements from financial markets around the world.

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