Clearing Definition: The process of transmitting, reconciling and, in some cases, confirming transactions prior to settlement, potentially including the netting of transactions and the establishment of final positions for settlement. Sometimes this term is also used (imprecisely) to cover settlement. For the clearing of futures and options, this term also refers to the daily balancing… Read More »
Available Balance Definition: The total funds a participant in a payment system has available for settlement of transactions at any moment. Calculated as a total of some pre-defined components: opening balance net value of credits and debits processed but not applied yes usable minimum reserve requirement account limits collaterals (loans, pledged securities, pledged stock options… Read More »
Acceptance for Settlement Definition: The moment at which a payment transaction becomes irrevocable as far as the sender is concerned. This is the point at which a transaction passes the tests to determine whether there is sufficient collateral for the transaction to proceed. Details: You have to see this as the last stage of a… Read More »
This post is more like a personal note of the resources indicated by Balaji as a must read if you want to start the journey of understanding crypto currencies and the underlying technology. Mastering Bitcoin Mastering Bitcoin is a book for developers, although the first two chapters cover bitcoin at a level that is also… Read More »
Starting from 9th of June 2021 #Bitcoin is legal tender in #ElSalvador. This has major world wide consequences and bellow are my takes on this. No country can tax profits from selling #Bitcoin as is no longer an “asset” but a currency. Remember #XRP issues with this topic. The Federal Reserve is investigating Ripple company,… Read More »
Oracle 11g database with Data Guard active. A switch of the sites (from production to disaster recovery node) is done and all seems good. Suddenly one day after the switch (more than one month) the enterprise application using it cannot connect any-more (connection pool getting filled up). The underlying issue that causes this is reported… Read More »
Dear Reader, As promised, please find below some books I recently studied about our body and how we actual live in it. I am not a MD, nor do I wish to give any recommendation or advice. With the following books, I wish to raise awareness about the fact that we can take control of… Read More »
One of the most annoying issues you can have in your network setup is when a router dies. I am a fan of Ubiquity EdgeRouters but they suffer from one annoying issue. Sometimes due to power issues the USB stick that acts as a storage media gets corrupted or dies. In the following I will… Read More »
Dear Reader, Upon re-reading parts 1 and 2 about who I am, I feel gratitude for all those ideas that I came in contact with and managed to share with you. This year I will focus more on the physical part, our body that is very connected to our mind and with the environment we… Read More »
Now that the Evergreen ship is finally freed and the coffee and toilet paper crises is no longer at the horizon we can marvel at how the Internet turns every bad thing into a meme. Here is my the best of Evergreen meme collection.