We protect our members, over 70 of the world's most important financial institutions, and their clients from the most significant risk in the FX market – settlement risk. We do this by simultaneously settling payments relating to FX trades using our unique payment-versus-payment system. Settlement members are direct participants in CLSSettlement. They can be either shareholder or non-shareholder or affiliate settlement members. 

CLS members legal names

Membership categories

We offer a number of membership categories to meet the diverse needs of banks active in the FX market.