intraday finality

What is intraday finality?

intraday finality definition and meaning on Finance terms:
Final settlement achieved continuously or at various times in the course of the settlement day. Intraday finality can be provided through real-time settlement procedures and/or the settlement of the results of batch processing during the settlement day. <

 

reference: https://www.ecb.europa.eu/home/glossary/html/index.en.html

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