We are the trusted party at the center of the global ecosystem
We make FX safer, smoother and more cost effective. Trillions of dollars’ worth of currency flows through our systems each day.
Created by the market for the market, our unrivaled global settlement infrastructure reduces systemic risk and provides standardization for participants in many of the world’s most actively traded currencies. We deliver huge efficiencies and savings for our clients: in fact, our approach to multilateral netting shrinks funding requirements by over 96% on average, so you can put your capital and resources to better use.
Our complementary products are designed to enable you to manage your risk most effectively across the full FX lifecycle – whether through more efficient processing tools or market intelligence derived from the largest single source of FX executed data available to the market.
Our unique position at the center of the FX market and our active engagement with a network of leading banks, corporations, investors and central banks, as well as the global regulatory community, gives us unparalleled insight into genuine market needs. Insight drives our agenda, ensuring we innovate to meet those needs as they evolve in line with new regulations, new technologies and emerging currencies.
In the world’s largest market, you need a partner who is by your side, well-informed, and always thinking ahead. You need a partner you can trust. That’s why over 70 of the world’s most important financial institutions choose to be members of CLS – and over 35,000 more use our services.
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
The global standard in FX settlement risk mitigation.
Each day we settle over USD6.5 trillion of payments in 18 of the most actively traded currencies globally. Our centralized platform and approach to multilateral netting mitigates settlement risk, reduces costs – and shrinks funding requirements by over 96%. That’s why over 70 of the world’s most important financial institutions choose to be settlement members of CLS – and over 35,000 more use our services.
Processing
Streamline operations, optimize capital and reduce risk across FX settlement-related processes.
Our unique position at the center of the FX ecosystem means we can deliver solutions to the whole market at scale, continually standardizing and automating processes to make FX settlement-related processes smoother and more effective for clients – from bilateral payment netting to post-trade monitoring and our FX optimization services.
Data
Empowering the global FX community with unparalleled data-driven insight into market dynamics.
Our position at the center of the FX ecosystem enables us to capture a uniquely large and diverse amount of data. As the largest single source of FX-executed data available to the market, our datasets include data based on over 3 billion trades since 2011. We leverage the power of this information to help market participants understand market dynamics and improve decision making.
FX Global code
Using CLS products and services plays an integral part in helping you comply with the FX Global Code.