CLS
Dealers back CLS plans for EM settlement system
12 banks announce support for project to extend PvP protection to certain CLS-ineligible currencies
Capitolis signs data deal with CLS
FX optimisation service to use settlement utility’s data to help boost efficiency
FX settlement risk: good news at last
Industry utility CLS could finally be given the scope to tackle a growing risk in foreign exchange
CLS: can’t live with ’em, can’t live without ’em?
FX settlement giant not fast on its feet, say dealers and challengers, but hard to knock down
FX Markets Asia Awards 2020: Best FX settlement and risk mitigation solution/Best market data provider – CLS Group
As the largest settlement risk mitigation provider in the FX markets, CLS Group already plans to widen its market-stabilising mission and make settlement safer, more efficient and more cost-effective
FX Markets Asia Awards 2020: The winners
Citi lands four wins in this year’s awards
Tackling settlement risk is a serious business
Unless market participants comes together, the risk in the system is here to stay
Unsettling times: why is settlement risk on the rise?
Regulators and market participants searching for answers after BIS figures show substantial increase
Baton to launch payments system for emerging currencies
Fintech company joins efforts to tackle rising settlement risk
The FX swaps client clearing comeback
With possible price savings and non-bank competition, chatter about the service is picking up again – but significant hurdles remain
CLS proposes second-tier FX settlement system
Stripped-back system for EM currencies mooted to tackle rising settlement risk
CLS data scientists try to decode FX volatility
New team has flood of info to work on, after Covid-19 trading surge pushes March volumes up 27%
Four more banks join CLSNet
Bilateral payments netting service using distributed ledger tech now has nine firms live
FX market growing, but more risky – BIS review
Reduced reliance on PvP and heightened fragmentation threaten market resilience
CLS introduces first data product for FX forwards market
In the past, CLS only provided data products for the FX spot market
First cross-currency swap cleared at Eurex
Morgan Stanley and JP Morgan first to use service and two more banks are onboarding as CCP hopes to extend offering to clients in 2020
Algo adoption at inflection point, driven by buy side
Usage in FX is rising, but there are inherent limitations to overall take-up
Ziccarelli switches from CLS to Symbiont
He joins the tech provider to help financial institutions adopt blockchain
Bock takes sales role at CLS in New York
John Bock joins the settlement utility firm from Societe Generale, where he headed e-commerce FX for the Americas
Trading volumes fall on most ECNs in July
FXSpotstream bucked the trend with yet another year-on-year increase
Goldman Sachs and JP Morgan go live with CLSNow
Unlike CLS’s main settlement tool, CLSNow lets banks settle FX positions on the same day
Best FX market data provider of the year: CLS
CLS voted best FX market data provider
CLS names Marc Bayle de Jesse as new CEO
ECB director set to join the FX settlement firm in December
Puth takes up adviser role at R3
The former CLS CEO will serve as strategic adviser to the digital ledger technology firm