Third Parties 

Third party customers are institutions that participate in FX, typically banks, non-bank financial institutions and multi-national corporations. As FX has achieved the status of an asset class in its own right in recent years, the number of third parties has grown significantly, and much of this growth has come from the investment management industry.

The non-exhaustive list of third party participants details those banks, corporates and non bank financial institutions, but excluding investment funds, who are using the CLS Bank service.