herstatt risk การใช้

• So currency settlement risk came to be known as Herstatt risk.
• To curb Herstatt risk some banks have already set up the types of netting arrangements the BIS recommends.
• Responding to the cross-jurisdictional implications of the Herstatt debacle, the foreign exchange trade pays out the currency it sold but does not receive the currency it bought, is sometimes called Herstatt risk.
• One form of settlement risk is foreign exchange settlement risk or cross-currency settlement risk, sometimes called "'Herstatt risk "'after the Barings in 1995 resulted in minor losses for counterparties in the foreign exchange market because of a specific complexity in the ECU clearing system.