LCH expands deliverable FX derivatives clearing with FX forwards
Following the launch of ForexClear’s deliverable FX options clearing service last year, LCH is now clearing FX forwards.
Tag: CLS
Euronext buy-side sales head joins CLS to lead data business
Masami Johnstone joins CLS from Euronext and will oversee the settlement specialist’s data and analytics division.
JP Morgan and Goldman Sachs go live with CLS FX settlement
Same-day FX settlement service CLSNow has gone live with JP Morgan and Goldman Sachs among the first to use the platform.
CLS appoints new chief executive from European Central Bank
FX settlement system names new CEO following departure of David Puth in September 2018.
Buy-side drives growth in CLS FX settlement
CLS says that asset managers are more focused on mitigating settlement risk as it sees uptake in clients using its CLSSettlement service.
Nomura to provide Japanese funds access to CLSSettlement
The introduction of Japanese funds onto the FX settlement service follows a multi-year effort to onboard the Japanese buy-side community to CLSSettlement.
Goldman Sachs and Morgan Stanley go live with CLS blockchain service
CLSNet operates on a distributed ledger technology platform for automated bilateral payment netting of FX trades.
The Big Interview: Alan Marquard
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.
Chief executive at CLS to step down at the end of the month
David Puth will step down as CEO at CLS from 30 September, after taking up the role in 2012.
Barclays and Citi partner with CLS and IBM on blockchain project
Nine financial institutions will participate in a proof of concept for platform powered using blockchain technology to share and use various services.