CLS
TriOptima completes first USD/KRW compression
Eleven institutions save $8.8 billion of notional
CLS volumes tick lower in April
Both number of instructions and input volumes decline in April
ForexClear earmarks 2016 for FX options clearing
CCP time-stamps FX options-clearing plan, albeit for the third time since 2011, as concerns remain over currency delivery
FX platforms see strong March as volumes grow
ADV growth for EBS and Thomson Reuters in third month of 2015
Futures industry needs new business model
Senior policy adviser at Chicago Fed addresses market structure issues at FX Invest North America
CLS volumes drop in February as market returns to 'normal'
Settlement utility sees volumes and instructions slide in February
CLS on track with Hungarian forint adoption
Currency will be added to settled units in November
SNB pushes CLS volumes to record high and platforms benefit
Currency trading activity gets off to a strong start in 2015
TriOptima to deploy FX compression service with CLS
Post-trade service provider TriOptima looks to add to its success with compression services in other asset classes
CLS appoints Lichter to the board
Gilbert Lichter will serve as outside director
Volatility boosts Ficc revenues at banks as activity surges
US banks cite foreign exchange as source of success as volatility picks up, while trading platforms also report increased activity
CLS hits settlement record
Settlement infrastructure completes record number of instructions in 45 minutes after extensive IT upgrade
Democratisation of risk masks volume discrepancy
The fundamental rearrangement of roles in FX markets is driving underlying volume growth and market structure changes
CLS faces up to Eastern realities
CLS suspends operational trials of the ruble and will delay the currency's adoption from its original November deadline
Russian banks face struggle to access credit and PB
Sanctions have reduced Russian banks' ability to trade in wholesale markets, but CLS's plans remain on track
Ice's CLS service cut by JP Morgan
The Atlanta, Georgia-based exchange and clearing house has had its CLS settlement service discontinued, just like CME
Thomson Reuters’ FX spot volume down
FX volume continues to struggle as volatility nears all-time low
CLS appoints chief information officer
LCH.Clearnet CIO jumps ship after three years to take on a similar role at CLS
CME to expand paired delivery as banks rethink third-party CLS
As banks scale back provision of CLS settlement to exchanges and CCPs
Achievement Award: David Puth
Puth has spent more than three decades in financial markets. He is chief executive of CLS, the currency settlement utility
Paired delivery floated as options-clearing solution
A paired-delivery model proposed by CME has not been looked upon favourably by the US regulator, with further industry talks expected in July
Industry relieved over CLS Supreme Court win
Market disruption averted as unanimous decision goes in CLS's favour
CLS sees 9% revenue growth
FX settlement service has successful 2013
CLS will adhere to US sanctions on Russia
The ruble looked set to become the 18th currency to be settled through CLS, and while both the CBR and the industry utility are committed to the deadline, political uncertainties remain