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and liquidity transfer orders .
and liquidity transfer orders .

article 14 liquidity limits 1 .
article 14 liquidity limits 1 .

άμεση ρευστότητα(primary liquidity)
primary liquidity

and ( c ) liquidity transfer orders .
and ( c ) liquidity transfer orders .

▼b article 14 liquidity limits 1 .
▼b article 14 liquidity limits 1 .

article 15 liquidity reservation facilities 1 .
article 15 liquidity reservation facilities 1 .

may be used to initiate liquidity transfer orders ;
may be used to initiate liquidity transfer orders ;

the level of the liquidity reservation may be changed .
the level of the liquidity reservation may be changed .

( a ) the available liquidity on the pm account ;
( a ) the available liquidity on the pm account ;

provision of swiss franc liquidity to eurosystem counterparties .
provision of swiss franc liquidity to eurosystem counterparties .

( b ) may be used to initiate liquidity transfer orders ;
( b ) may be used to initiate liquidity transfer orders ;

liquidity transfer orders initiated via the icm are urgent payment orders .
liquidity transfer orders initiated via the icm are urgent payment orders .

participants shall use the icm to obtain information on their liquidity position .
participants shall use the icm to obtain information on their liquidity position .

participants may reserve liquidity for highly urgent or urgent payment orders via the icm .
participants may reserve liquidity for highly urgent or urgent payment orders via the icm .

if this is not the case , only the liquidity available on the pm account shall be reserved .
if this is not the case , only the liquidity available on the pm account shall be reserved .

the rest of the requested liquidity shall be reserved if additional liquidity becomes available .»
the rest of the requested liquidity shall be reserved if additional liquidity becomes available .'

participants may predefine via the icm the default amount of liquidity set aside for ancillary system settlement .
participants may predefine via the icm the default amount of liquidity set aside for ancillary system settlement .

participants may predefine the default amount of liquidity reserved for highly urgent or urgent payment orders via the icm .
participants may predefine the default amount of liquidity reserved for highly urgent or urgent payment orders via the icm .

and participants , in cases of payments to and from cls international bank and liquidity transfers in favour of ancillary systems .
and participants , in cases of payments to and from cls international bank and liquidity transfers in favour of ancillary systems .

( a ) allows participants to access information relating to their accounts and to manage liquidity ;
( a ) allows participants to access information relating to their accounts and to manage liquidity ;