Co-authored by Paula Fernandez and Manuel Dominguez
Read how banks can reduce the "Herstatt risk" and learn what a German bank in the 70s has to do with it.
25 Apr 2025
The currency market, also known as the Forex or FX market is the world’s biggest financial market, with a daily trading volume of several billion US dollars. But the settlement of FX transactions does come with risks. In this blog article, you’ll discover how banks can reduce this risk and learn what a German bank in the 70s has to do with it.