DIC Corporation (DIC) is the third Japanese manufacturing company to indirectly access CLSSettlement as a third-party participant

NYK Line can access the highest standards of FX settlement risk mitigation while also benefiting from improved funding and operational efficiencies through CLS’s unique PvP system.

CLS, a market infrastructure group delivering settlement, processing and data solutions, announced today the first Japanese corporate to join CLSSettlement via third-party access.

First Japanese manufacturing company to settle currency trades via CLSSettlement as a third-party

Read our study that explores the key trade-off between increasing settlement frequency and reducing netting efficiency.

Read our whitepaper on the updated FX Global Code and how the changes will further help mitigate settlement risk in the FX ecosystem.

As the FX ecosystem continues to evolve, CLS is actively engaged with the buy side to address its increasing need for effective settlement risk mitigation and operational efficiency.

Read the second part of our whitepaper which explores the impact on the FX community of shortening settlement cycles to T+1 in the US securities market.

Read our latest whitepaper on how tokenization is being used in the wider financial industry and the role it might play in the wholesale FX market.