CLS
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CLS, a global financial market infrastructure, offers a range of products and services aimed at mitigating settlement risk and optimizing operations in the foreign exchange market. With a focus on standardization and automation, CLSNet provides a centralized platform for bilateral payment netting calculations, while CLSSettlement offers best-in-class netting and operational efficiencies for FX trades.
Trusted by thousands of counterparties worldwide, CLS plays a crucial role in making the FX market safer, smoother, and more cost-effective. Through their expertise, network, and commitment to reducing settlement risk, CLS processes trillions of dollars in currency transactions daily, supporting market adoption of industry best practices like the FX Global Code.
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