CLS
CLS sees spike in input volumes as FX traders battle markets
Volumes in the Mexican peso were at 63 times average between 02:00 GMT and 03:00 GMT
CLS upgrades infrastructure channel for settlement members
A new member gateway based on Swift ISO standards is expected to save up to $500,000 per settlement member
CLS to launch payments netting service
CLS Netting, expected to go live in late 2017, will allow institutions to net trades currently not included in the CLS settlement service
Ruble emerges as biggest loser in BIS rankings
Offshore trading is slowly picking up, but remains half as much as pre-Crimea levels
CLS to offer aggregated FX trade data via Quandl platform
The partnership will enable subscribers to access hourly, daily and monthly reports
More PBs could pull out come September, panellists say
"How far can repricing go without actually constraining and choking that entire market?" asks JP Morgan's Choussy
Wells Fargo becomes latest member of CLS
Settlement volumes rose 12.6% in June to stand at $2.56 trillion
Best Post-Trade Services Provider: CLS TriOptima
While not even a year old, the partnered service has saved dealers more than $112 billion in notional exposure
CLS adds four to board
New members' FX expertise will add value in areas such as operations, technology and risk management
April CLS volumes point to higher BIS figures
Bumper month will be basis for BIS triennial survey; ticket sizes likely grew as instruction number fell but value rose
FX volumes inch higher in April
Over-the-counter volumes were up on the whole, but FX trading on-exchange was generally down
Marquard takes on strategy role at CLS
He is still general counsel and representative for legal matters to CLS's executive management committee and CLS Group board
Samsung Securities gains third-party access to CLS
The securities company is the first non-bank financial institution to join CLS in South Korea
FX trading volumes end 2015 on down note
While FX volumes were generally down, record trading numbers were achieved on exchanges
CLS continues efforts to reduce systemic risk in FX
Global regulators remain keen to see the industry make further progress on the mitigation of settlement risk, says CLS chief executive David Puth
CLS and Markit extend FX settlement to cross-currency swaps
The currency settlement utility and global provider of financial information services join forces to tackle the growing demand for clearing solutions in the swaps market
CLS discusses renminbi inclusion with PBoC
The talks, which have been going on for several years, are still in the exploratory phase
Banks eye Traiana for EM FX netting service
Industry turns to the Icap-owned utility as CLS's emerging markets push stalls
CLS starts settling Hungarian forint payments
After two years of preparation and testing, the forint joins the CLS universe
FirstRand joins CLS
The South African bank joins the currency settlement utility, raising its membership to 64
CLS sets go-live date for Hungarian forint
CLS and Hungary's central bank launched the forint project in February 2014
CLS and TriOptima launch FX forwards compression service
TriReduce FX for forwards and swaps reduces notional outstanding volumes and minimises counterparty credit risk
CLS appoints Americas head of relationship management
Joe Ziccarelli leaves his role at Jefferies in New York to become head of relationship management for the Americas at CLS
CLS develops cleared FX settlement service with LCH.Clearnet
Designed specifically for central counterparties and cleared FX products, the service aims to minimise risk in the industry