CLS Reports FX Volumes
CLS Group has completed the reporting schedule of FX volumes for April with the utility largely in line with FX… 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 »
CLS says its settlement service handled FX trades worth $1.913 trillion in January, a 1.9% increase on January 2022. The… Read More »
The December 2022 FX volume reporting “season” has been rounded out with CLS, Refinitiv and 360T reporting data, highlighting different… Read More »
A new report finds that multilateral platforms – cross-border payment systems that are designed to operate in multiple jurisdictions, could… Read More »
Along with the platforms that have previously reported FX turnover data, CLS has also seen a small dip in activity… Read More »
The latest Bank for International Settlements (BIS) Quarterly Report delves into the details around the recent Triennial Survey of FX… Read More »
One of the more important infrastructures in the FX industry has turned 20 – Colin Lambert takes a look at… Read More »
MUFG Bank has become the first Japanese bank to commit to using CLSNet, CLS’s bilateral payment netting calculation service for… Read More »
As has been the case with the usual FX platforms (all but Refinitiv) to report FX volume data for October,… Read More »
If those spot FX platforms to publish monthly volume data were looking to benchmark themselves against the Bank for International… Read More »
After the major platforms reported strong volume data for September, CLS has reinforced the mood with the third highest spot… Read More »
As was the case with those platforms to report data, CLS saw a month-on-month decline in FX activity, but was… Read More »
CLS says August saw its CLSNet service break the $100 billion notional per day threshold. The utility says the record is… Read More »
CLS has unveiled Chong Hing Bank as the second Chinese bank to access CLS Settlement as a third-party participant via… Read More »
Ahead of the release of the eagerly-awaited Bank for International Settlements’ Triennial Survey of FX Turnover, The Full FX is… Read More »
CLS says that it handled notional daily value of $1.879 trillion in July, down 5.1% from June, but up 7.7%… Read More »
The Royal Bank of Canada has gone live on CLS’s same-day FX settlement service CLSNow, which allows CLS’s settlement members… Read More »
There are a lot of initiatives underway in the FX payments and settlement space, but the sense is that the… Read More »
Just under a year after it called for ideas on the issue, the Committee on Payments and Market Infrastructure (CPMI)… Read More »
CLS says the settled values of cross currency swaps submitted to the mechanism rose 27% in Q2 2022 compared to… Read More »
While spot and outright forward activity on CLS rose in June, largely reflectimng the data released earlier in the month… Read More »
The FX platform volume data published thus far for May offers a mixed picture of activity levels and this has… Read More »
CLS says Deutsche Bank, Mashreq and Standard Chartered are at various stages of onboarding to CLSNet, a standardised, automated bilateral… Read More »
CLS has appointed Akira Kato as head of client engagement, Asia Pacific. Based in Tokyo, he will be responsible for… Read More »
Following its annual general meeting earlier this month, FX infrastructure provider CLS has unveiled a new chair and five new… Read More »
Ever since the Bank for International Settlements (BIS) highlighted the scale of settlement risk in FX markets in its 2019… Read More »
CLS FX trading activity in April very much reflected that of the major FX platforms, seeing a dip from march… Read More »
Fifth Third Bank has now gained access CLS Settlement as a third-party participant with UBS, a CLS settlement member, providing… Read More »
CLS has reinforced the impressive results for FX platforms in March by reporting average daily volume (ADV) handled of $2.125… Read More »
CLS has reported its FX turnover data for the February, the utility handled $1.982 trillion per day, a 1.7% increase… Read More »
As expected, CLS Group reports that FX volumes handled by the service dropped in December, reflecting the results from four… Read More »
CLS says it handled average daily trading volumes of $1.812 trillion in November, a 2.9% drop from October, but a… Read More »
There is a fair bit of ‘buzz’ around the announcement that HSBC and Wells Fargo are settling FX trades outside… Read More »
The latest data from CLS, reaffirms that from FX platforms earlier this month, that FX activity rose both from September… Read More »
In the latest from the Unfiltered series, Keith Tippell, global head of product at CLS Group, joins Colin Lambert to… Read More »
CLS has welcomed the Financial Stability Board’s (FSB) progress report on the G20 roadmap for enhancing cross-border payments, in which… Read More »
CLS says it handled average daily trading volumes of $1.833 trillion in September, a 9.2% increase from August and up… Read More »
CLS Group says it handled average notional FX trading volumes of $1.679 trillion in August, a 3.8% decline from July,… Read More »
CLS says a working group of 12 settlement members with global operations is participating in a pilot to evaluate potential… Read More »
CLS is launching two new datasets to capture outstanding forward and swap positions in the FX market, they will be… Read More »
CLS says it handled $1.745 trillion per day in traded FX volume during July, an across the board drop from… Read More »
HSBC has become the ninth settlement member of CLS and IHS Markit’s cross-currency swaps service, a move the firms say… Read More »
Euronext FX has rolled out a new market data service. Available via GUI or Fix API, the Euronext FX Dashboard… Read More »
Following what it says was a successful test phase, Eurex Clearing has gone live with its clearing service for deliverable… Read More »
CLS has completed what it terms the “largest change initiative” it has undertaken since the launch of CLS Settlement in… Read More »
Growth in FX swaps trading propelled CLS Group to a month-on-month and year-on-year rise in activity according to data from… Read More »