T+1, the FX ecosystem and CLS: What a difference a day makes

FX Ecosystem 06What A Difference A Day Makes Diagram Banner

The Sunday Times Best Places to Work 2024

CLS The Sunday Times Award Homepage May2023 600Wide 2024

CLS supports market adoption of the FX Global Code

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BNY Mellon and ING agree to join CLSNet community

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Explore our products

Find out more about how we apply the expertise, network and trust we have built as a global financial market infrastructure to deliver targeted solutions to the FX market.

Settlement Hover


The global standard in FX settlement risk mitigation

Processing Hover


Streamline operations, optimize capital and reduce risk across FX settlement-related processes

Data Hover


Empowering the global FX community with unparalleled data-driven insight into market dynamics


Mitigate settlement risk for your FX trades while benefiting from operational efficiencies, in addition to best-in-class netting and…


CLSNet is a bilateral payment netting calculation service, for foreign exchange trades. As a centralized platform, the service…


CLSMarketData is a comprehensive suite of FX alternative data products that provide quality insight and analytics, both on…


Efficiently manage executed FX trades through timely, consolidated reporting across all your CLSSettlement providers.

Cross currency swaps

Mitigate FX settlement risk, improve operational efficiencies and reduce your liquidity and payment demand for cross currency swap…

About CLS

Trusted by thousands of counterparties within the global FX ecosystem, CLS makes FX safer, smoother and more cost effective. Trillions of dollars worth of currency flows through our systems each day.



including many of the world’s most actively traded currencies



around the world use our services indirectly through our settlement members

USD trillion

settled on average every day

settlement members

are part of our ecosystem