SWIFT Presents ACCORD At SIBOS Its FX Netting, Confirmation System


The Society for Worldwide Interbank Financial Telecommunication (SWIFT) presented ACCORD, its confirmation and bilateral foreign exchange netting system project, which has recently entered a pilot testing phase, at SIBOS, its annual conference earlier this month.

Although some sources say that ACCORD, the latest foreign exchange netting system to enter the fray, could represent a serious challenge to FXNET, the established London-based bilateral netting system, some are skeptical that the

To continue reading...

You need to sign in to use this feature. If you don’t have a FX Week account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: