The average daily input volume submitted to CLS, combining the settlement and aggregation services, was 1,194,817 during April this year, down 10.6% from 1,366,042 in March 2015
Read moreDavid Puth, CEO of FX settlement company CLS said overall global trading volumes after the Swiss National Bank's move last Thursday reached $9.2 trillion, almost doubling the average turnover of around $5.3 trillion.
Read more"Korea is an established financial center and the Korean won is among the most actively traded currencies in the Asia Pacific region." - David Puth, CEO of CLS
Read moreFX risk settlement firm CLS has announced aggregation and settlement volumes of 1,035,978 for August, a figure which represents an increase of 11.9% from 926,174 in July
Read moreCLS, which operates the largest multi-currency cash settlement system to mitigate settlement risk for the FX transactions of its members and their customers saw a fall back in volume activity for July. Alexander Filshie, Chief Financial Officer, CLS: ”The average daily volume submitted to CLS in July 2014, combining the settlement and aggregation services, was…
Read moreSupreme Court stated: “We hold that the claims at issue are drawn to the abstract idea of intermediated settlement, and that merely requiring generic computer implementation fails to transform that abstract idea into a patent-eligible invention.”
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