CLSSettlement

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Overview

Mitigate settlement risk for your FX trades while benefiting from operational efficiencies, in addition to best-in-class netting and liquidity management. Our FX settlement service is available both directly, to settlement members, and indirectly, to third party participaMitigate settlement risk for your FX trades while benefiting from operational efficiencies, in addition to best-in-class netting and liquidity management. Our FX settlement service is available both directly, to settlement members, and indirectly, to third party participants.

Key Features

Our leading payment-versus-payment (PvP) FX settlement service makes settlement efficient, safer and more cost-effective.

Mitigates the most significant risk in the FX market - settlement risk

Our FX settlement service is available both directly, to settlement members, and indirectly, to third-party clients. Our members include over 70 of the world’s largest financial institutions. Over 25,000 third-party participants use our service, including banks, funds, non-bank financial institutions and multinational corporations.

Reduce risk, improve efficiency and increase liquidity

We protect 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 PvP system.

We also maximize the advantages of straight-through processing to deliver operational efficiencies and minimize associated costs. Our clients benefit from increased liquidity — with their funding requirements reduced by 96% or more through multilateral netting.

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