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CLS announces Alan Bozian will become its new CEO

CLS Group today announces that Alan Bozian will be joining CLS on 15 March...

CLS third party participant list - 7520 now live

In addition to the 60 CLS Bank Members, a total of 7,520 participants are...

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History of CLS 

 

September 2002 

CLS Bank goes live with 39 Members and 7 currencies

September 2003

Live with four new currencies: Danish Krone, Norwegian Krone, Singapore Dollar and Swedish Krona

February 2004

CLS Bank settles first fund-related transac

December 2004

Four more currencies go live: Hong Kong Dollar, the Korean Won, the New Zealand Dollar and the South African Rand.

January 2006

CLS reaches the point at which income covers costs over a year ahead of schedule

November 2007

Record volume - over 1 million instructions in one day for the first time

November 2007

Credit derivatives settlement goes live with DTCC

December 2007

NDF service goes live

March 2008

Record value settled in one day - $10 trillion for the first time

May 2008

The number of settlement eligible currencies reaches 17 as the Israeli Shekel and Mexican Peso go live

June 2008

Number of third party participants exceeds 3000

 
 
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