Journal Article

Price isn't everything


Abstract: A comparison of Fedwire, CHIPS, and GlobeSet payment services for 24-hour global markets, emphasizing the constraining influence of the Federal Reserve's monetary policy responsibilities on Fedwire's market share.

Keywords: Electronic funds transfers; Federal Reserve banks; Payment systems;

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Bibliographic Information

Provider: Federal Reserve Bank of Cleveland

Part of Series: Economic Commentary

Publication Date: 1993

Issue: Apr

Order Number: 1