CLS Goes Live with CLSTradeMonitor
New platform provides visibility into the status of FX trades settled through CLS.
The platform, dubbed CLSTradeMonitor, was built in combination with CLSNet, a new bilateral payments netting solution. The two solutions enable real-time awareness of currency and counterparty exposures and provide trade status details across CLSSettlement providers and counterparties.
“This provides a tremendous value for third parties as they look to manage the post-trade process for their FX trades, understanding if there is an issue with the trade getting matched, or the trade settling
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