Tag: CLSNow

CLS
July 31, 2019 BY Valentina Kirilova

CLS launches same-day FX settlement service, J.P. Morgan and Goldman Sachs to try it first

CLS, a market infrastructure group delivering settlement, processing and data solutions, has today launched CLSNow, a bilateral, same-day FX gross payment-versus-payment (PvP) settlement service. J.P. Morgan and Goldman Sachs are reported to be the first banks to go live on the service. CLSNow enables banks to exchange currency positions with mitigated settlement risk on a…

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CLS Group trading volumes
September 24, 2018 BY Valentina Kirilova

CLS Group releases H1 2018 interim report

CLS Group (CLS), the market infrastructure provider of risk mitigation services to the global FX market, has just announced its Interim Financial Report, releasing record traded volumes in CLSSettlement, but reporting a loss for the six months to 30 June 2018 from a financial perspective. The complete message from Ken Harvey, David Puth and Trevor Suarez…

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