Home > Glossary > Herstatt Risk

Meaning / Definition of

Herstatt Risk

Categories: Forex, Statistics and Risk Management,

The risk of loss in foreign exchange trading that one party will deliver foreign exchange but the counterparty financial_institution will fail to complete its end of the contract. This is also referred to as settlement risk.

Featured term of the day

Definition / Meaning of

Mortgage Impairment Insurance

Categories: Insurance,

removed

Most popular terms

1. Employee Retirement Income Security Act Section 404(c)
2. Manufacturers Output Policy (MOP)
3. Contract Certainty
4. Home Equity
5. Special Crime Insurance
6. Dirty Bomb
7. Retaliation Claims
8. Fall
9. Continuous Net Settlement
10. Fronting