CLS Group
David Puth Steps Down as CEO of CLS
After six years leading CLS, David Puth is relinquishing his role as CEO.
IBM and CLS Join Forces on Blockchain
The LedgerConnect project aims to provide a secure network for deploying and consuming relevant information and services.
CLS Invests in R3 to Promote Blockchain for FX
CLS will join the R3 board and will help push the release of blockchain applications for currency markets.
CLS Launches FX Reporting System
CLS plans to fully integrate CLSReporting, a new FX matched instruction service, in Q2 of 2018.
CLS Unveils Predictive FX Report
The forecasting tool will enable traders to identify movements and liquidity, while helping risk and compliance staff to adjust models based on market events.
Thesys CAT Appoints Information Security Chief
Vas Rajan will be responsible for validating security measures for the CAT in a vital phase of the system's roll-out.
Derivatives Market Prepares for Emerging Tech Implementation
2018 is the year when large numbers of participants in the derivatives market expect to see emerging technologies being integrated into their existing technology ecosystems
IHS Markit Sets Sights on Post-Trade Derivatives Automation
IHS Markit, in conjunction with CLS and LCH, will automate post-trade processes for complex currency derivatives but is looking at the entire market.
CLS Announces Settlement, Processing, Data Services Solutions
New products include a same-day gross settlement service, data products and trade monitoring and reporting tools.
Daiwa Securities Becomes Newest CLS Settlement Member
Japanese firm joins 65 other financial firms on CLS's settlement and risk mitigation system.
Opening Cross: My Campaign for Data Democracy Will ‘Trump’ Donald and Hillary
With US political conventions in full swing, Max outlines his manifesto for data democracy.
Quandl Adds CLS FX Trade, Volume Data to Online Platform
The data provides greater granularity and frequency than CLS' existing offerings, and will appeal to traders, risk and portfolio managers and those managing currency risk.
Zschach Joins CLS as CIO
Tom Zschach is set to join the foreign exchange (FX) risk-mitigation utility CLS Group as its chief information officer come September 1.
CLS Appoints Ken Harvey Chairman of the Board
Ken Harvey has been appointed chairman of the board of directors of CLS Group and CLS Bank International, bringing over 30 years of financial expertise to the role.
Nominees for LEI Foundation Directors Published
Gerard Hartsink has been nominated as chair of the board of directors of the Global Legal Entity Identifier Foundation and says he and the 15 other nominees understand the foundation and central operating unit must move quickly
CLS Adds Iwadare to Board
CLS Group has announced that Hirochika Iwadare, general manager of the global markets trading division at Bank of Tokyo Mistubishi UFJ, has been elected to the CLS Group Holdings board of directors.
CLS Debuts USD/CAD Same-Day Settlement
CLS Group, the firm responsible for settlement risk mitigation in foreign-exchange (FX) markets, has announced that it has gone live with T+0 settlement for the US Dollar and Canadian Dollar currency pair (USD/CAD).
CLS Opens Further Asia Presence
CLS Group has announced that it will expand its presence in Asia-Pacific through the opening of an office in Hong Kong.
Natixis Joins CLS as Settlement Member
CLS Group has announced that Natixis has upgraded its membership of the service from a third-party participant to a full settlement member.
CLS AS Adds Mizuho Corporate Bank
Mizuho Corporate Bank has joined the CLS Aggregation Service (CLS AS), operated by CLS Group and Traiana, for trade compression in the foreign exchange (FX) market.