The Automated Clearing Settlement System (ACSS) ________.
A) was introduced on February 4, 1999
B) is an electronic net settlement network designed to provide settlement to wholesale transactions
C) aggregates interbank payments and informs the Bank of Canada of the net amounts to be transferred from and to each participant's settlement account with the Bank of Canada
D) A and B only.
Correct Answer:
Verified
Q1: The primary indicator of the Bank of
Q2: The overnight market in Canada is _
Q3: Although transactions in the LVTS account for
Q4: The ACSS is operated by the _.
A)
Q5: The Automated Clearing Settlement System (ACSS) _.
A)
Q7: The Large Value Transfer System (LVTS) _.
A)
Q8: The overnight rate is _.
A) the interest
Q9: Large Value Transfer System (LVTS) participants can
Q10: The Large Value Transfer System (LVTS) _.
A)
Q11: Changes to the operating band are announced
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