Tag: CLSSettlement

May 30, 2018 BY Valentina Kirilova

Banco Monex becomes first Mexican FX settlement member to CLSSettlement

CLS, a market infrastructure group delivering settlement, processing and data solutions, has just announced that Banco Monex has joined as a settlement member. Banco Monex joins 69 other leading banks in becoming a settlement member in CLSSettlement, the payment-versus-payment settlement service for the global foreign exchange market – which settles USD5 trillion on an average…

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April 04, 2018 BY Valentina Kirilova

Japanese corporate Mitsui & Co joins CLSSettlement

The market infrastructure group delivering settlement, processing and data solutions company CLS has announced today the first Japanese corporate to join CLSSettlement via third-party access. Mitsui & Co, a Japanese general trading company with a diverse business portfolio including machinery, chemicals, logistics, finance and natural resources, is now settling its FX transactions in CLSSettlement via…

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December 04, 2017 BY Valentina Kirilova

Barclays' Absa Bank Limited joins CLS as a new settlement member

CLS Group (CLS), a market infrastructure delivering settlement, processing and data solutions, today announced that Absa Bank Limited (Absa), the South African based bank owned by Barclays Africa Group (JSE:BGA), has joined as a settlement member. Absa joins 66 other leading banks in becoming a settlement member in CLSSettlement, the payment-versus-payment settlement service for the global foreign…

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