hybrid system

What is hybrid system?

hybrid system definition and meaning on Finance terms:
A system that combines the characteristics of RTGS systems (e. g. the continuous processing and clearing of transfer orders) and net settlement systems (the operation of several settlement cycles per day, some form of netting procedure for transfer orders, etc. ). See also
net settlement system
real-time gross settlement (RTGS) system<


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