November 11, 2015 BY Maria Nikolova

South Africa's FirstRand becomes CLS settlement member

Provider of risk management and operational services for the global Forex market CLS Group (CLS) announced today that FirstRand, one of South Africa’s largest financial institutions, has become a CLS settlement member. Founded in 1998, FirstRand plays an important role in the trading of many currencies, including the South African rand, which has been a…

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