CLS: Value beyond compare. Commonwealth Bank’s Kieran Salter shares his views on the risk mitigation benefits and liquidity efficiencies CLSSettlement delivers to CBA's FX business. Read more >> https://lnkd.in/eic_MhxU #CLSGroup #CLSSettlement #ShapingFX #pvp #riskmitigation
CLS Group
Financial Services
London, New York 24,467 followers
We make FX safer, smoother and more cost effective across the global FX ecosystem.
About us
Trusted by thousands of counterparties within the global FX ecosystem, CLS makes FX safer, smoother and more cost effective. Trillions of dollars worth of currency flows through our systems each day. Created by the market for the market, our unrivaled global settlement infrastructure reduces systemic risk and provides standardization for participants in many of the world’s most actively traded currencies. We deliver huge efficiencies and savings for our clients: in fact, our approach to multilateral netting shrinks funding requirements by over 96% on average, so you can put your capital and resources to better use. Our complementary products are designed to enable you to manage your risk most effectively across the full FX lifecycle – whether through more efficient processing tools or market intelligence derived from the largest single source of FX executed data available to the market.
- Website
-
http://www.cls-group.com
External link for CLS Group
- Industry
- Financial Services
- Company size
- 501-1,000 employees
- Headquarters
- London, New York
- Type
- Privately Held
- Founded
- 2002
- Specialties
- Foreign Exchange Settlement, Risk Mitigation, FX, Cross currency swaps, Processing, Same day settlement, Finance, Aggregation, CLSMarketData, Data, Post-trade , OTC Derivatives, CLSSameday, FX volume data, CLSMarketData, CLSTradeMonitor, CLSSettlement, Forex, FinTech, Settlement, CLSNow, CLSReporting, FX Volume, FX Pricing, FX Forecast, FX Order Flow, CLSSameday, Banks, FX Global Code, Financial services, and FXalternativedata
Locations
-
Primary
CLS Bank
London, New York 10005, US
-
CLS group, exchange tower
London, London E14 9GE, GB
Employees at CLS Group
Updates
-
Subscribe to our Trade Volume report for an overview of recent trade activity from the largest single source of FX executed data available to the market >> https://lnkd.in/eR__2bgU Each month, our analytics team review daily and hourly trade activity across FX spot, swap and outright forwards to help market participants understand market dynamics and improve decision making. #CLSMarketData #FXAlternativeData #FXTradingData #FXTrading
-
-
Between hype and hope: CBDC, the FX game changer? Read our latest opinion piece by Dirk Bullmann, Managing Director CEO Office, and Sophie Dalzell, Public Policy and Innovation Specialist, about the evolving CBDC landscape, the renewed emphasis on wholesale CBDCs and their potential impact on the FX market and CLS >>https://lnkd.in/eRBH5iDx #CLSGroup #ShapingFX #CLSSettlement #CBDC #innovation
-
Read our latest Trade Volume report >> https://lnkd.in/e-TECPny CLS Chief Growth Officer, Lisa Danino-Lewis, commented: “In June 2024, we saw average daily traded volumes of USD2.26 trillion, an increase of 9.2% compared to June 2023. Over the same period, we saw an increase in overall volumes across all instruments. FX spot volumes increased by 9.9%, FX swap volumes by 9.2%, and FX forward volumes by 7%.” #CLSMarketData #FXAlternativeData #FXTradingData #FXTrading
-
-
Discussions around central bank digital currencies (CBDCs) intensified almost a decade ago. Initially focusing on wholesale payments, the conversation soon shifted to retail CBDCs. More recently, wholesale CBDCs are stepping into the spotlight again. What caused this shift in focus, what is the business case for wholesale CBDCs and how could they impact the FX market and CLS specifically? Learn more about CBDCs >> https://lnkd.in/ewj7h4aK #CLSGroup #ShapingFX #CLSSettlement #CBDC #innovation
-
Meet Sneha Kallukaran, a recruiter from the Talent Acquisition team. She describes CLS’s ideal candidate and the mutual benefits in finding and developing the right person for the right job. Find out more about a career at CLS>> https://lnkd.in/eBhmn_3g #CLSGroup #LifeAtCLS #ShapingFX #careers #PowerToFly
-
Adoption of our bilateral payment netting calculation service, CLSNet, continues to grow as market participants benefit from operational risk mitigation across 120 currencies. Learn more here >>https://lnkd.in/e7_Cqf3S In Q2, the average daily netted value in CLSNet reached USD148 billion, up 40% year-on-year. #CLSNet #netting #standardization #AutomatedSolutions #OperationalRiskManagement
-
CEO Marc Bayle de Jessé discusses CLS’s role in the FX market in the latest episode of the P.I.T. (Payments Innovation Technology) Exchange podcast, hosted by Currency Research. During the conversation, he shares insights into settlement risk and the origins of CLS, the dynamics influencing the FX market and the role of innovation >> https://lnkd.in/e2zwFhDP #CLSGroup #ShapingFX #CLSSettlement #RiskMitigation #PvP #PITExchange
-
-
CLS is continuing to work with settlement members, asset managers and the wider FX market to explore possible solutions to address any challenges that may arise from the transition to T+1. Our CEO, Marc Bayle de Jessé, joined a Global Foreign Exchange Committee panel on 1 July to discuss the impact of the accelerated shift to T+1 in the US. Today he will take part in a panel at the European Securities and Markets Authority (ESMA) reflecting on the US experience of T+1 and its implications for the EU. Read more about T+1 >> https://lnkd.in/e4rpBs2e #CLSGroup #ShapingFX #tplus1 #CLSSettlement #RiskMitigation #PvP
-
The adoption of our bilateral payment netting calculation service continued to grow in Q2, with the average daily netted value in CLSNet reaching USD148 billion, up 40% year-on-year. Learn more here >> https://lnkd.in/e7_Cqf3S This growth was driven by significant milestones, including a new record daily and monthly average netted value in June, leading to the highest quarter average daily netted value since the product’s launch. #CLSNet #netting #standardization #AutomatedSolutions #OperationalRiskManagement