Mixed Volume Data at CLS and ForexClear
November 22, 2024
The FX volume reporting “season” has closed out for October with both CLS and LCH ForexClear reporting mixed numbers, albeit… 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 »
CLS is maintaining momentum in Japan with the addition of a third manufacturing company, DIC Corporation, joining CLS Settlement as… Read More »
As was the case with the FX platforms that previously reported volume data, CLS has closed out 2023 with historically-strong… Read More »
CLS says it handled $2.051 trillion per day in November, a 2.5% increase from November and up 8.4% year-on-year –… Read More »
By Lisa Danino-Lewis, Chief Growth Officer, CLS As we approach 2024 amid uncertain market conditions and an ever-changing geopolitical and… Read More »
CLS says that Tokio Marine & Nichido Life Insurance and Nisshin Fire & Marine Insurance, two of Tokio Marine Holdings… Read More »
Today, (28 November) marks the six-month threshold for the headline act of the past six months in markets, the US… Read More »
The final group of FX volume data released confirms the mixed nature of October in terms of volume traded, although… Read More »
CLS has become a more prominent part of the discussion surrounding next year’s impending change to T+1 settlement in North… Read More »
Ahead of the US securities’ markets shift to T+1 settlement at the end of May 2024, CLS has completed a… Read More »
CLS has reported its fifth highest average daily volume and the third highest this year, with the settlement service handling… Read More »
CLS has welcomed the latest progress report from the Financial Stability Board (FSB) on the G20 plan to enhance cross-border… Read More »
Redundancy of technology has been a big part of the FX industry’s thinking for decades now – why was EBS… Read More »
For dealers of a certain generation the words “five-eighths a half, might pay nine-sixteenths for a Japanese name” evoke the… Read More »
Swift says it has entered a new phase of its work on Central Bank Digital Currency (CBDC) interoperability, announcing that… Read More »
CLS says that it has added three of its settlement members to its cross-currency swaps (CCS) settlement service, naming two… Read More »
As has been the case thus far with the July FX volume reports, the data from CLS is mixed, with… Read More »
The reporting cycle for June’s FX volumes has been completed with LSEG FX following the trend in spot activity from… Read More »
As was the case with those platforms to reports volume data, CLS volumes offer a mixed picture in May, with… Read More »
CLS has named six new directors to its board of directors, following its annual general meeting. The new appointees are… Read More »
Bangkok Bank’s Hong Kong branch has become the first Thai bank to access CLS Settlement as a third-party participant, via… Read More »
CLS Group has completed the reporting schedule of FX volumes for April with the utility largely in line with FX… Read More »
CLS has closed out the latest monthly reporting cycle with activity broadly reflecting that seen by the platforms who released… Read More »
Following a mixed set of results from those FX platforms to report data, the CLS FX volume report for February… Read More »
If anyone was wondering why there is so much emphasis on payment-versus-payment in FX markets amongst regulators, they need only… Read More »
The latest FX data from the world’s FX committee’s offers mixed news for those platforms to publish trading volumes, with… Read More »
