Basically understanding of foreign exchange market and its settlement.

对外汇市场及外汇结算有一定了解。

youdao

The Foreign Exchange trading system had adopted a system of membership, respective quotation, concentrated trading and forex market settlement.

外汇交易中心系统实行会员制、分别报价、集中交易和外汇交易市场清算的制度。

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A standard method of simultaneous settlement in foreign exchange markets.

外汇市场进行同步结算的标准方法。

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Since then, the problems and expense of reinventing foreign-exchange settlement have often seemed greater than the putative benefits.

ECONOMIST: Foreign exchange

Among potential problems with shorter settlement cycles were issues around securities lending, foreign exchange transaction and delivery of physical securities.

FORBES: Securities Settlement Cycle -- T+2 Gets Chatted Up But No Date

Unusually, Standard Chartered in Chennai even handles the back end of foreign-exchange trading everything except the deal itself, from confirmation through to settlement and copes with derivatives transactions as well.

ECONOMIST: India aims to become the back office for the world's banks