Third parties

Over 25,000 third-party clients use our world-leading settlement service to mitigate settlement risk for their FX trades while benefiting from operational efficiencies, in addition to best-in-class netting and liquidity management.

Thousands of funds, banks, non-bank financial institutions and multinational corporations are using third-party service providers to access CLSSettlement to mitigate settlement risk - the most significant risk associated with currency trading. They also benefit from streamlined trading operations, as well as liquidity benefits from netting that lower transaction costs while boosting trading and counterparty limit management efficiencies that support business growth opportunities.

We recommend that institutions interested in becoming a third-party client establish whether their clearing bank/custodian bank offers CLSSettlement.

A non-exhaustive list of our settlement members who offer CLSSettlement to their customers can be found here.

 

 

 

 

CLSSettlement investment managers

CLSSettlement third parties

CLS Third party evaluation guide

Third party and third party service providers best practices