R3, Fnality & Finteum Join Forces to Improve FX Inefficiencies The partnership will focus on intraday forex swaps between large institutions.
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 Launches Same-Day FX Gross PvP Settlement Service CLSNow JPMorgan and Goldman Sachs were the first banks to go live on CLSNow.
CLS Group Reveals Upbeat Metrics About FX Settlement Business More than 90% of the growth came from the buy-side.
HSBC Cuts Cost of Settling FX Payments with Blockchain HSBC is using blockchain technology through its FX Everywhere system.
Kraken, Etana Custody & Seabury Complete 1st Crypto Purchase via MT4/5 The first physically settled cryptocurrency transaction was just executed via a third party settlement service
SGX Launches New Securities Settlement, Depository System The new system has been in live operation since December 10, 2018.
Gazprombank to Launch Crypto Trading Service in Mid-2019 The Russian bank's Swiss division is working with Avaloq and Metaco to provide crypto asset services to its customers.
FCA: New Settlement Internalization Reporting Obligations From July 2019, firms within the United Kingdom will be obliged to report settlement internalisation to the BoE.
Airfox Ordered to Pay Back Investors of 2017 ICO Also hit was Paragon, the under-performing Cannabis token.
ASX Still Believes in Blockchain Technology, but Delays Launch to Q2 2021 ASX reaffirmed that it remains committed to a single cutover weekend from its core CHESS system.
CLS Group Launches PVP Settlement Service for Cleared FX Derivatives CLSClearedFX will be open to multiple counterparties with LCH the first to go live with the service.
CLS Reports Minor Increase in Daily Trading Volumes for May Growth was driven by an increase in average daily FX spot trading
RBS Reaches $4.9 Billion Settlement with US DOJ The deal with the US government means the UK government can start selling off its stake in the bank
CLS Group Sees Decline in YoY Profits for 2017 The FX settlement services provider did see increased average daily trading value
Barclays Finalizes Mortgage Securities Probe with $2 Billion Settlement The final settlement is lower than the $5 billion that the DOJ asked Barclays to pay earlier in negotiations.
DLT for Securities Settlements Feasible but Complex BoJ & ECB Conclude Distributed ledger technology offers new possibilities but its rigid design structure brings its own set of problems
CLS Group Sees FX Volumes Surge in January as Markets Awaken Markets moved past a recent lull to kick off 2018 on a strong note
HSBC Settles FX Rigging Investigation with US Department of Justice The settlement requires the bank to pay $101.5 million in penalties and restitution.
CLS Group Adds Absa Bank as its Newest Settlement Member The addition of Absa Bank as a settlement member helps strengthen CLS Group's presence in South Africa.