CLS Group, a provider of risk management and operational services for the global foreign exchange (FX) market, has announced its intent to release a payment netting service, CLS Netting, for buy-side and sell-side institutions’ FX trades that are settled outside the CLS settlement service. David Puth, CEO of CLS, commented: Working with our settlement members…
Read moreCLS Group (CLS), the market infrastructure provider of risk mitigation services to the global FX market, has earlier today published its operating metrics for July 2016. The average daily input volume submitted to CLS, combining the settlement and aggregation services, was 1,050,046 down 9.7% from 1,163,083 in June 2016. The average daily input value submitted to CLS was USD4.69…
Read moreCLS Group (CLS), the market infrastructure provider of risk mitigation services to the global FX market, has earlier today published its operating metrics for March 2016. The average daily input volume submitted to CLS, combining the settlement and aggregation services, was 1,035,678 down 15.2% MoM from 1,220,828 in February 2016. Showing even further consolidation, the reading for March 2016 was…
Read moreThe Market Participants Group's main aim is to support the Bank for International Settlements (BIS) Foreign Exchange Working Group (FXWG).
Read moreCLS Group achieved a profit of GBP19.8 million after interest and tax. This is a 36% improvement over the prior year, based on a 6% increase in revenue.
Read moreJanuary's FX settlement and aggregation figures show that CLS Group's order flow increased during a month of high volatility
Read moreCLS Group (CLS), the market infrastructure that enhances financial stability by providing risk mitigation services to the global FX market, today announced that Trevor Suarez has been appointed Chief Financial Officer, based in London. He joins the Executive Management Committee and reports to David Puth, Chief Executive Officer of CLS and will be a key…
Read moreJoining the Board of Directors at market infrastructure firm CLS Group, Gilbert Lichter is based in Paris and currently serves as Chief Executive Officer of EBA Clearing, an operator of systemically important payment systems (SIPS)
Read moreCLS Group (CLS), the market infrastructure that enhances financial stability by providing risk mitigation services to the global FX market, today announced Tom Zschach is to join the company from September 1st as Chief Information Officer, based in London. Tom assumes responsibility for CLS’s technology function whilst leading and further developing the company’s technology vision.…
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