Is the FX Settlement Needle Moving?
In 2019, the Bank for International Settlements (BIS) flagged what was clearly seen by the authorities as a growing problem… Read More »
In 2019, the Bank for International Settlements (BIS) flagged what was clearly seen by the authorities as a growing problem… Read More »
Alex Knight, Head of EMEA at Baton Systems explains how the impact of efficient post-trade processes can be felt across… Read More »
In the latest edition of the Unfiltered video series, Baton Systems’ CEO Arjun Jayaram talks to Colin Lambert about how… Read More »
The European Central Bank has joined a long list of central banks and regulators to warn over the potential cost… 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 Bank for International Settlements (BIS) Quarterly Report delves into the details around the recent Triennial Survey of FX… Read More »
The latest central bank study on the future of payments using wholesale central bank digital currencies (wCBDCs) has run phase… Read More »
First Abu Dhabi Bank (FAB) and UBS have gone live on CLS’s bilateral payment netting calculation service for over 120… Read More »
Fintechs Fnality and Finteum have announced the completion of a successful proof of concept (POC) involving what they say is… Read More »
Just under a year after it called for ideas on the issue, the Committee on Payments and Market Infrastructure (CPMI)… Read More »
With settlement risk a hot topic in the FX industry, Colin Lambert talks with Alex Knight, head of EMEA at… Read More »
Ever since the Bank for International Settlements (BIS) highlighted the scale of settlement risk in FX markets in its 2019… Read More »
The Banque de France says it has successfully completed the last experiment of its programme for interbank settlements in Central… 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 world’s first interbank Payment vs Payment (PvP) settlement outside of CLS has been completed using HSBC’s FX Everywhere solution,… Read More »
The Bank of International Settlements (BIS), Banque de France, and Swiss National Bank say they have shown that wholesale central… 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 »
New firm launches with the intention of filling an important gap in the global FX market’s risk profile In 2019,… Read More »
Just over two years on from the Bank for International Settlements flagging increasing FX settlement risk in its Triennial Survey,… Read More »
CLS says a working group of 12 settlement members with global operations is participating in a pilot to evaluate potential… 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 »
Just a week after the Global Foreign Exchange Committee updated the FX Global Code, including changes to recommended best practice… Read More »