GFXC Urges Early Preparation for European T+1 Switch
December 21, 2025
In a new paper published by its Settlement Working Group, the Global Foreign Exchange Committee highlights the need for FX… Read More »
In a new paper published by its Settlement Working Group, the Global Foreign Exchange Committee highlights the need for FX… Read More »
Just a week after revealing a number of Asian banks had joined its CLSNet service, CLS continues to grow its… Read More »
Stables, stability and risks – where next? At least one of Australia’s major super funds will start using stablecoins in… Read More »
Average daily traded FX volumes at CLS drifted lower in October, in spite of a small uptick in spot activity… Read More »
Just a week after 360T and LSEG FX announced record non-spot FX activity, CLS has reinforced the picture with its… Read More »
The first thing to make clear about this award is yes, we know this is, per se, a relaunch of… Read More »
Mexico’s Banco Monex has become the latest institution to go live on CLSNet, CLS’s bilateral payment netting calculation service. CLS… Read More »
Average daily traded FX volumes at CLS rose slightly in August, thanks to an increase in non-spot activity. Overall traded… Read More »
While technology seeks to speed up settlement and payments, the major incumbent in the FX settlement space, CLS, continues to… Read More »
Volumes at settlement provider CLS decreased compared with June, in line with overall trading activity across the market and reflected… Read More »
CLS has unveiled a redesigned CLS Cleared FX service, which was first launched in 2018 – as was the case… Read More »
Settlement provider CLS outperformed most of the platforms to report FX volume results in June, hitting its third highest average… Read More »
FX settlement services provider CLS has made two additional appointments to its board of directors, bringing the total to 21,… Read More »
After 16 years’ operating as a third-party participant on CLS, ABN Amro has rejoined the FX settlement service as a… Read More »
The reporting period for FX platforms has completed and confirmed the data from the first group to report – that… Read More »
Following record turnover data from several trading platforms, FX settlement service provider CLS has hit another new peak for traded… Read More »
The explosion in volatility in the first three weeks of April has fuelled a surge in FX volumes, and is… Read More »
CLS is the latest source to report record FX data for March – something which is unlikely to last very… Read More »
As the FX market prepares for its triennial benchmark survey of FX turnover, the signs are increasingly positive for yet… Read More »
CLS has confirmed the busy start to 2025 for the FX market by reporting its third average daily traded volume… Read More »
As is probably to be expected given its major focus on improving settlement procedures, the latest iteration of the FX… Read More »
Lower activity in FX markets in December is reflected in data from settlement services provider CLS, which reports a sharp… Read More »
NYK Line, a shipping and logistics company in Japan, has gained access to CLS Settlement as a third-party participant. The… Read More »
Singapore Exchange has reported its highest FX turnover to date in November, with several contract records, while CLS had its… Read More »
Société Générale has deepened its business with CLS by going live on the settlement service provider’s cross currency swaps service.… Read More »
The FX volume reporting “season” has closed out for October with both CLS and LCH ForexClear reporting mixed numbers, albeit… Read More »
Two weeks ago I wrote about the feedback initiative from the GFXC, part of which covered FX settlement, within which… Read More »
Japanese giant MUFG Bank has gone live on CLS’ bilateral payment netting service, CLSNet, which offers settlement of a wider… Read More »
Largely driven by a surge in non-spot activity, settlement services provider CLS has reported a new record for settlement volumes… Read More »
In its latest update on FX volumes post the switch to T+1 in North American securities market at the end… Read More »
CLS settled its second-highest volume of spot FX trades in August, as part of what was the third busiest month… Read More »
As was the case with those FX platforms to report volume data, CLS also saw a decline in settlement volumes… Read More »
While in recent years the FX platforms have occasionally struggled to match the pace of growth seen in FX markets… Read More »
Following a string of strong reports from FX trading platforms, CLS has also set a new high for daily settlement… Read More »
The subject of wholesale central bank digital currencies has gained new momentum this year and like so much in the… Read More »
With The Full FX View CLS has provided an update on activity across its core CLS Settlement service just over… Read More »
As forecasted by the earlier reporting from trading platforms, the volume of FX settlements handled by CLS fell in May… Read More »
CLS has appointed five new members to its board of directors, following its annual general meeting in early June. Teddy… Read More »
CLS says that Barclays has officially gone live on its cross currency swaps (CCS) service – an extension of CLS’s… Read More »
As was the case with many of the FX platforms to report results earlier this month, CLS also benefitted from… Read More »
With less than a month to go before the big changeover in North American securities markets to T+1 settlement, Lisa… Read More »
The latest edition of the podcast sees Colin Lambert and Steve Flanagan allow a former FX salesperson into the conversation… Read More »
In what is becoming a pattern for the FX settlement service provider, CLS saw a healthy bounce in activity to… Read More »
With The Full FX View CLS has formally ruled out making any changes to its main settlement service ahead… Read More »
Volumes handled by FX settlement service CLS dropped in February, with activity in all three product sets falling from January,… Read More »
One of the FX themes of the transition to T+1 settlement in North American securities markets has been the attitude… Read More »
With The Full FX View A new policy paper from the European Fund and Asset Management Association (EFAMA) calls for… Read More »
The approaching T+1 switchover is grabbing most of the attention in the FX industry – rightly so, it is the… Read More »
It was a strong start to the year for CLS, which has reported its second highest average daily volume across… Read More »
It is likely to be one of the biggest events of the year in the FX industry, and as Marc… Read More »
