Desai, Ajit; Lu, Zhentong; Rodrigo, Hiru; Sharples, Jacob; … - 2023
Modernizing Canada's wholesale payments system to Lynx from the Large Value Transfer System (LVTS) brings two key changes: (1) the settlement model shifts from a hybrid system that combined components of both real-time gross settlement (RTGS) and deferred net settlement (DNS) to an RTGS system;...