Russia’s Alfa-Bank and UAE’s First Abu Dhabi Bank Join CLSNet Both the banks have joined a long list of other leading global banks as CLSNet users.
Finastra Integrates CLSNet for Netting Calculations FX participants can net payments on CLSNet before settlement with corresponding banks.
CLS July Volumes Follow Industry Trend, Drop 7% MoM The total average daily traded volume submitted to CLS in the month of July was $1.657 trillion.
Goldman Sachs Joins CLS, IHS Markit’s Cross-Currency Swaps Service Eight major banks are now using the service.
State Street and CLS Team Up for FX Settlement The collaboration allows asset managers to efficiently manage their trades eligible for CLSSettlement
CLS Hires Keith Tippell as Head of Product He was Head of Securities and FX Markets at SWIFT earlier in his career
CLS Closes 2019 with Mixed FX Volumes in December Swap FX volumes fell on a monthly comparison but were still higher year-on-year.
CLS Defies Market Trend, Reports Solid FX Trading in September FX Swaps trading, in particular, led the solid performance during the month.
CLS Reports $12.4 Million Loss in H1 of 2019, Revenues Rise On an underlying basis, profit for the period was $1.6 million.
After Solid Growth in June, CLS Sees Slump in July FX Trading The clearinghouse reported an ADV of $1.75 trillion for the month.
CLS Adds First Chinese Third-Party Bank to CLSSettlement The addition of CNCBI follows a larger trend of increased awareness of FX settlement risks.
CLS Sees Solid Growth in June FX Volumes The clearing house saw overall volumes grow by 16 percent compared to May
CLS Group Names Marc Bayle as Chief Executive Officer Bayle will be leaving his position at the European Central Bank to take on the role.
CLS Group Reports Minor Drop in FX Trading Volumes for April Trading was down in spot, forwards and swaps
CLS Reports Solid FX Trading in March After Mixed Start to 2019 For the first time this year, CLS reported an uptick in trading on both a MoM and YoY comparison.
CLS Group Reports Drop in FX Trading Volumes in February FX forwards was the only sector to report a slight increase in traded volumes.
HSBC Aims to Sidetrack CLS With Its Own Blockchain Tech The UK bank stated that it settled $250 bln worth of FX transactions last year.
CLS Group FX Activity Slumps in November FX Forwards was the only sector to report both a monthly and yearly increase in trading activity.
CLS Blockchain Payments Service Goes Live Investment banking giants JP Morgan and Morgan Stanley are the first two companies to use the service.
CLS Secures Thomas Berkery as Independent Director Berkery was elected to the board on October 16, 2018.