Absolutely, and given the fact that we've been explicitly designated as the settlement hub for North America, I think it signals that China is not anxious to establish a similar kind of agency in North America. There is no indication we've heard of that there are any discussions under way vis-à-vis South America.
When you think about where the currency settlement operations take place, some of that obviously comes through New York, but I think what China is trying to do is establish their own place as a global currency. For a lot of the others, if it's not coming through New York currently, it's typically going through Hong Kong, and when you think about it, that's a different calendar day for a settlement.