The CLS FX Forward Volume data product aims to provide users with an aggregated view of the FX forward market.
Deborah Hrvatin joined Citigroup in 2017 after spending 22 years with Deutsche Bank in various senior roles.
Following the launch of ForexClear’s deliverable FX options clearing service last year, LCH is now clearing FX forwards.
Masami Johnstone joins CLS from Euronext and will oversee the settlement specialist’s data and analytics division.
Same-day FX settlement service CLSNow has gone live with JP Morgan and Goldman Sachs among the first to use the platform.
FX settlement system names new CEO following departure of David Puth in September 2018.
CLS says that asset managers are more focused on mitigating settlement risk as it sees uptake in clients using its CLSSettlement service.
The introduction of Japanese funds onto the FX settlement service follows a multi-year effort to onboard the Japanese buy-side community to CLSSettlement.
CLSNet operates on a distributed ledger technology platform for automated bilateral payment netting of FX trades.
Chief strategy and development officer at CLS, Alan Marquard, sits down with The TRADE to discuss the buy-side’s increasingly active role in FX settlement, the importance of the FX Global Code of Conduct for the industry, and provide an update on CLS’s recent blockchain projects.