Intraday FX Swaps: Settling transactions at a specific time of day to support liquidity management is becoming more achievable. Access to immediate FX settlement via Payment versus Payment (PvP) will be a key enabler of this. As HSBC’s Mark Williamson explains, “If you’re able to get better transparency around when your PvP is happening, and you know with certainty when funds will be transferred and received, you can then offer your intraday liquidity to others.”
