PolyU Library
Journal Call no.HG1302.Q37
Article TitleHong Kong's real time gross settlement system / Monetary Policy and Markets Department.
Is Part OfQuarterly bulletin / Hong Kong Monetary Authority ; no.10, Feb 1997, p.30-37, illus.
AbstractTo meet international standards and minimize settlement risks, Hong Kong's large-value interbank payment system cut over to a Real Time Gross Settlement (RTGS) system on 9 December 1996. This paper explains the key features of the new RTGS system and highlights the important issues relating to its implementation.