Settled values of cross currency swaps see continued growth
There has been a 27% year-on-year increase in cross currency swaps submitted to CLSSettlement as of Q2 2022.
There has been a 27% year-on-year increase in cross currency swaps submitted to CLSSettlement as of Q2 2022.
CLS says that asset managers are more focused on mitigating settlement risk as it sees uptake in clients using its CLSSettlement service.