The global standard in FX settlement risk mitigation

Each day we settle over USD5.5 trillion of payments in 18 of the most actively traded currencies globally, protecting our members 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.

We also 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.

That’s why over 70 of the world’s most important financial institutions choose to be settlement members of CLS – and over 25,000 more use our services, including banks, funds, non-bank financial institutions and multinational corporations.

How settlement works

The benefits

  • Risk mitigation and management
  • Capital and liquidity efficiencies
  • Operational and IT efficiencies
  • Business growth

 

CLSSettlement overview