Corporates operating in the FX market today face a range of challenges, including pressures to reduce risk, maximize operational efficiencies and comply with an increasing number of regulatory requirements.
We offer a range of settlement, processing and data solutions to address these challenges.
The global standard in FX settlement risk mitigation
Mitigate settlement risk for your FX trades, while benefiting from operational efficiencies, in addition to best-in-class netting and liquidity management.
Streamline operations, optimize capital and reduce risk across FX settlement-related processes
Our bilateral payment netting calculation solution allows you to drive operational process efficiencies, such as optimizing intraday liquidity, enabling real-time awareness of currency and counterparty exposures, and reducing risk.
Efficiently manage executed FX trades through timely, consolidated reporting across all your CLSSettlement providers.
Empowering the global FX community with unparalleled data-driven insight into market dynamics
Access an unparalleled view of market activity to support best execution, risk mitigation and reporting requirements through our comprehensive suite of FX data products.
Looking ahead: The evolution of FX risk mitigation
CLS FX trading activity | September 2024
CLS wins “Best FX Clearing and Settlement Provider” at Euromoney’s FX Awards 2024
CLS FX trading activity | August 2024
The importance of PvP in an everchanging FX ecosystem
CLS FX trading activity | July 2024
CLS speaks to e-Forex about the issues facing FX market participants
CLS FX trading activity | June 2024
Update on the impact to CLSSettlement following the move to T+1 for securities settlement in the US
CLS FX trading activity | May 2024
CLS appoints five new board directors
Navigating the T+1 Transition: the FX impact on the asset management community
CLS awarded ‘The Sunday Times Best Places to Work 2024’
Barclays Bank goes live on CLS’s Cross Currency Swaps service
CLS FX trading activity | April 2024
The move to T+1 in the North American securities markets
Navigating the T+1 implications for FX traders
CLS FX trading activity | March 2024
CLS FX trading activity | February 2024
T+1 US Settlement: Implications for APAC
Tackling FX settlement risk: the power of public-private partnerships
CLS FX trading activity | January 2024
The ripple effect of US T+1 settlement
The growth of CLSNet, the next best thing after CLSSettlement
CLS welcomes the BIS Markets Committee’s recent letter to the GFXC
CLS welcomes additional Japanese manufacturing company to CLSSettlement
CLS FX trading activity | December 2023
BNY Mellon and ING agree to join CLSNet community
CLS FX trading activity | November 2023
The continued rise of CLSNet: A new chapter in FX market efficiency
CLS welcomes first Taiwanese bank to CLSNet
CLS welcomes Tokio Marine Holdings group companies to CLSSettlement
CLS FX trading activity | October 23
CLS FX trading activity | September
CLS welcomes FSB Progress Report on Roadmap to Enhance Cross-Border Payments
CLS wins “Best FX Clearing and Settlement Provider” at Euromoney’s FX Awards 2023
CLS FX trading activity | August
CLS adds three clients to its cross currency swaps service
Cross-border payments interoperability and extension taskforce
The optimal model for mitigating FX settlement risk
CLS FX trading activity | July
A Look Ahead. Marc Bayle de Jessé speaks to E-forex
Deutsche Bank joins CLS’s bilateral netting calculation service, CLSNet
CLS FX trading activity | June 23
CLS FX trading activity | May 23
CLS appoints six new board directors
CLS wins “Best Settlement Initiative” for CLSSettlement at FX Markets e-FX Awards 2023
CLS welcomes first Thai third-party bank to CLSSettlement
CLS awarded ‘The Sunday Times Best Places to Work 2023’
CLS FX trading activity | April 23
CLS FX trading activity | March 23
CLS welcomes CPMI Report on Facilitating Increased Adoption of PvP
CLS FX trading activity | February 23
CLS FX trading activity | January 23
CLS FX trading activity | December 22
E-Forex speaks to Lisa Danino-Lewis Chief Growth Officer
CLS FX trading activity | November 22
The Undemonstrative Hero? CLS at 20
Vitality Award win - Britain’s Healthiest Workplace
CLS FX trading activity | October 22
First Abu Dhabi Bank and UBS go-live on CLSNet
CLS welcomes BIS Triennial FX Survey
CLS FX trading activity | September 2022
CLS FX trading activity | August 2022
CEO Action for Diversity & Inclusion pledge
Record month for CLSNet: USD100 billion daily notional netted
CLS wins at FX Markets Asia 2022 awards
CLS FX trading activity | July 2022
Royal Bank of Canada goes live on CLSNow, CLS's same-day FX settlement service
CLS public statement: CPMI report on facilitating increased adoption of PvP
Cross currency swaps record growth in settled values
CLS FX trading activity | June 2022
CLS FX trading activity | May 2022
Three leading banks onboarding to CLS’s bilateral payment netting calculation service, CLSNet
CLS appoints Head of Client Engagement, Asia Pacific
CLS appoints new Board Chair and five new Board Directors
CLS FX trading activity | April 2022
CLS welcomes Fifth Third Bank to CLSSettlement
CLS FX trading activity | March 2022
CLS FX trading activity | February 2022
FX Markets Leader series – Settlement risk is on the rise: what to do?
CLS FX trading activity | January 2022
CLS celebrates 20 years of trusted market solutions
CLS FX trading activity | December 2021
CLS FX trading activity | November 2021
CLS wins “Market Infrastructure of the Year” in the 2021 Regulation Asia Awards for Excellence
CLS speaks to E-Forex about its PvP pilot with 12 global banks
CLS FX trading activity | October 2021
Looking to the future of FX settlement: an interview with The Full FX
CLS welcomes FSB Progress Report on Cross-Border Payments Roadmap
CLS FX trading activity | September 2021
The changing nature of settlement risk mitigation: an APAC view
CLS FX trading activity | August 2021
CLS launches FX Outstanding datasets to enhance FX market transparency
CLS FX trading activity | July 2021
CLS wins “Best FX Settlement and Risk Mitigation Solution” award at FX Markets Asia 2021 Awards
CLS FX trading activity | June 2021
HSBC joins CLS and IHS Markit cross-currency swaps service
EJ Insight: APAC pensions industry and recent trends in Japan
CLS completes migration of its settlement service to new state-of-the-art technology platform
CLS welcomes changes to the FX Global Code settlement risk principles on PvP and netting
CLS FX trading activity | May 2021
CLSTradeMonitor gains traction with asset management clients
CLS welcomes Sumitomo Chemical to CLSSettlement as a third-party participant
GFXC Request for Feedback on Amendments to the FX Global Code
CLS appoints two new board directors
CLS FX trading activity | April 2021
CLS FX trading activity | March 2021
CLS FX trading activity | February 2021
CLS FX trading activity | January 2021
CLS FX trading activity | December 2020
Leading emerging markets regional banks join CLSNet
FSB consultation: Continuity of Access to FMIs for Firms in Resolution – CLS update
ANZ becomes first Asia Pacific bank to settle all 18 currencies on CLS
CLS FX trading activity | November 2020
CLS and Finastra collaborate to deliver netting services to customers
CLS FX trading activity | October 2020
CLS wins two awards at FX Markets Asia 2020 Awards
CLS FX trading activity | September 2020
CLS and SIGTech collaborate to offer quantitative analytics capabilities
CLS FX trading activity | August 2020
CLS shortlisted for Best Data Analysis Provider
CLS FX trading activity | July 2020
CLS FX trading activity | June 2020
CLS welcomes first Mexican pension fund to CLSSettlement as a third-party participant
CLS FX trading activity | May 2020
Goldman Sachs joins CLS and IHS Markit cross-currency swaps service
CLS appoints three new board directors
Weekly, data-driven FX Insights into liquidity changes
CLS FX trading activity | April 2020
CLS appoints Thomas Barkhuff as Chief Information Officer
CLS appoints Keith Tippell as Head of Product
Banco Monex - first Latin American provider of third-party access to CLSSettlement
CLS FX trading activity | March 2020
CLS FX trading activity | February 2020
Update on Covid-19 and CLS operations
CLS welcomes Sumitomo Electric Industries to CLSSettlement as a third-party participant
CLS FX trading activity | January 2020
CLS welcomes first Philippine third-party bank to CLSSettlement
Additional participants join CLS’s DLT bilateral payment netting service
CLS FX trading activity | December 2019 (1)
CLS FX trading activity | November 2019
CLS welcomes Actinver to CLSNet
CLS FX trading activity | October 2019
CLS launches its first data product for FX forward market
CLS appoints Deborah Hrvatin as Chief Risk Officer
CLS FX trading activity | September 2019
CLS releases its Interim Financial Report 2019
CLS FX trading activity | August 2019
CLS appoints Masami Johnstone as Head of Information Services
CLS FX trading activity | July 2019
CLS welcomes first Chinese third-party bank to CLSSettlement
Kenneth Harvey returns to role as Chairman of the CLS Board
CLS launches same-day FX settlement service with J.P. Morgan and Goldman Sachs
CLS wins best FX market data provider in 2019 FX Week e-FX Awards
CLS FX trading activity | June 2019
CLS FX trading activity | May 2019
CLS appoints four new directors to board
CLS FX trading activity | April 2019
Marc Bayle de Jessé joins CLS as new CEO
CLS FX trading activity | March 2019
CLS announces growth of 2.5% from new business in its FX settlement service in 2018
CLS FX trading activity | February 2019
Japanese pension fund starts to access CLSSettlement through State Street Trust and Banking
Nomura Asset Management provides access to CLSSettlement for Japanese domiciled funds
CLS FX trading activity | January 2019
CLS FX trading activity | December 2018
CLS FX trading activity | November 2018
CLS’s DLT payment netting service goes live with Goldman Sachs and Morgan Stanley
CLS announces appointment of Thomas Berkery to its Board of Directors
CLS FX trading activity | October 2018
CLS FX trading activity | September 2018
CLS hires Head of Client Management in Asia Pacific
CLS FX trading activity | August 2018
CLS releases its Interim Financial Report
David Puth to step down as Chief Executive Officer effective 30 September
CLS appoints Duncan Barnard as Chief Internal Auditor
CLS FX trading activity | July 2018
CLS welcomes first Japanese funds to settlement service
Ecosystem for institutions to share apps and services on a common DLT network
CLS FX trading activity | June 2018
CLS launches the first PvP settlement service specifically designed for cleared FX derivatives
CLSTradeMonitor goes live with asset managers
CLS FX trading activity | May 2018
Four new directors elected to CLS board
CLS welcomes first Mexican settlement member to CLSSettlement
CLS FX trading activity | April 2018
CLS releases its Annual Report
CLS FX trading activity | March 2018
CLS and NEX expand FX forward compression service to third parties
Mitsui & Co. becomes first Japanese corporate to settle currency trades via CLS
CLS FX trading activity | February 2018
CLS to launch end-of-day report to help clients meet MiFID II requirements
CLS FX trading activity | January 2018
CLS FX Forecast data product to meet execution challenges
CLS FX trading activity | December 2017
CLS bolsters senior team with new product and sales leadership
CLS FX trading activity | November 2017
Absa joins CLS as a new settlement member
CLS FX trading activity | October 2017
CLS FX trading activity | September 2017
CLS to develop broader range of forward-looking solutions
CLS FX trading activity | August 2017
Nippon Life becomes first institutional investor in Japan to settle via CLS
CLS signs Statement of Commitment to FX Global Code
CLS FX trading activity | July 2017
CLS FX trading activity | June 2017
CLS announces expansion of CLS Aggregation
CLS FX trading activity | May 2017
CLS statement - the FX Global Code
Third-party access to CLS continues to gather pace
CLS shareholders elect nine new board directors
CLS FX trading activity | April 2017
CLS FX trading activity | March 2017
CLS to extend payment netting service
CLS FX trading activity | February 2017
CLS and TriOptima compress USD1 trillion
CLS appoints Gaynor Wood as General Counsel
CLS to introduce alternative models for membership
CLS signs MOU with Chinese think tank
CLS monthly data - December 2016
CLS monthly data - November 2016
CLS monthly data - October 2016
CLS upgrades members to new MI interface
CLS welcomes promotion of PvP settlement in FSA's
CLS monthly data - September 2016
CLS to develop a payment netting service
CLS monthly data - August 2016
Daiwa Securities Group joins CLS
CLS and Quandl to distribute aggregated FX data
CLS-TriOptima - Best Post-Trade Services Provider
Wells Fargo joins CLS as new settlement member
CLS public statement - Global Code of Conduct
CLS extends technology partnership with IBM
CLS shareholders elect four new board directors (1) (1)
CLS monthly data - February 2016
New Chief Strategy and Development Officer
CLS monthly data - January 2016
First non-bank to settle in CLS in South Korea
CLS monthly data - December 2015
CLS monthly data - November 2015
CLS monthly data - October 2015
CLS and Markit extend FX settlement to CCS
CLS adds Hungarian forint to settlement system
FirstRand joins CLS as new settlement member
Launch of FX compression service
CLS monthly data - September 2015
CLS monthly data - August 2015
New Head of Relationship Management, the Americas
CLS settlement service for cleared FX products
David Puth to chair BIS Market Participants Group
CLS shareholders elect four new board directors (2)
CLS releases its Annual Report 2014
CLS monthly data - February 2015
CLS monthly data - January 2015
CLS names Trevor Suarez as CFO
CLS monthly data - December 2014
CLS publishes its PFMI Disclosure Framework
Expanding third-party FX settlement in South Korea
CLS monthly data - November 2014
Gilbert Lichter elected to CLS Group Board
CLS monthly data - October 2014
CLS monthly data - September 2014
CLS monthly data - August 2014
Tom Zschach to join CLS as CIO
David Puth receives FX Week Achievement Award (1) (1)
Alice litigation: CLS triumphs at US Supreme Court
CLS releases its Annual Report 2013
CLS monthly data - February 2014
Ken Harvey to succeed Gerard Hartsink as Chairman