DLT allows for first interbank riskless settlement outside of CLS
The move marks a change in FX settlements, allowing market participants to significantly reduce their settlement exposure and associated risks.
Tag: CLS
CLS to pilot PvP solution for a wider range of currencies for its settlement service
The pilot within CLSSettlement addresses various public policy initiatives to encourage PvP adoption.
CLS launches new FX datasets to improve market transparency
New datasets will improve users’ analysis of short- and longer-term FX market trends to provide insight into market dynamics.
HSBC signs up to CLS and IHS Markit cross-currency swaps service
CLS and IHS Markit said with the addition of HSBC there are nine settlement members live on the cross-currency swap service including several major banks.
CLS completes major technology change initiative with revamped settlement platform
The project, named Convergence, includes the migration of CLSSettlement onto its Unified Services Platform.
CLS sees buy-side adoption of post-trade platform grow after State Street integration
Increased traction demonstrates demand from the buy-side to manage all FX post-trade workflow within one platform, claimed CLS.
The TRADE’s Crystal Ball 2021: Fixed income and post-trade
Gaze into The TRADE's crystal ball for insights from industry participants across the fixed income and post-trade space on their predictions for the year ahead.
CLS rolls out netting calculation service to Finastra clients under partnership
Partnership between CLS and Finastra aims to address increased demand from buy-side firms for a centralised post-trade management infrastructure.
Goldman Sachs joins cross-currency swaps settlement service from CLS and IHS Markit
CLS expands list of settlement members for its combined cross-currency swaps service with IHS Markit, as Goldman Sachs becomes the latest to sign up.
Mosaic Smart Data teams up with CLS and MUFG for FX liquidity analytics
Weekly analysis of key currency pairs by Mosaic Smart Data, CLS and MUFG will be available to market participants free of charge.