CLS
February 2010, news round-up
Main stories: Euro takes a bashing from Greek debt crisis Greece’s debt crisis hit the papers and credit default swap spreads, which saw eurodollar tumble to 1.35 from...
EU suggest corporate threshold, CLS gets BoC plug Legislators at the European Commission (EC) moved a step closer to determining whether non-financial users of over-the-counter derivatives should be forced to clear...
Eurostat slated; EC dithers over FX legislation Luxembourg-based rulemaker Eurostat drew heavy criticism from the market for failing to keep tabs on how European countries, including Greece and Italy, published their...
Start your free FX Week Trial
Start your free FX Week Trial
Sign up for a free 4-week trial & you'll receive 4-weeks access to FX Week.com
More CLS articles
Triumph in the midst of adversity
The past 12 months have been perhaps some of the most challenging for the foreign exchange market as it pushes to ensure it remains independently governed as an industry with its specific risks, while continuing on the growth trajectory aided...
Santander live as settlement member
Banco Santander went live as a settlement member of CLS Bank on November 15, bringing the total number of banking and financial institutions comprising CLS's members up to 61.
Forex industry boosts operational efficiency with 95% ticket-compression rate
The FX industry has met with initial success in battling operational risk, with eight dealers achieving ticket-compression rates of more 95% through the joint-venture trade aggregation system by CLS and Traiana.
BoE: High-frequency traders raise risks of liquidity event
The foreign exchange market needs to address the increasing role of high-frequency traders as market-makers to insure against a liquidity event, says Michael Cross, head of the foreign exchange division at the Bank of England (BoE).
UBS regains top spot for CLS
UBS swings back into the lead as the top provider of CLS third-party services, as demand for access to the industry utility continues to rise.
Deutsche retains lead but BarCap surges up
Deutsche Bank maintains its lead in this year’s FX Week Best Bank awards, as Barclays Capital surges into second spot, relegating Citi into third in this year’s industry survey.
CLS to double input capacity by year-end
CLS plans to double the capacity of its trade notification gateway by year-end, which will prevent a repeat of the backlog that emerged from the May 6 spike in trade, officials tell FX Week.
Download the latest edition of FX Invest
FX Invest latest edition
The April-June edition of FX Invest, the new quarterly sister magazine to FX Week, is now available
Click here to download this latest edition
Conferences
Advertisement
Digital edition
Latest digital edition of FX Week
Download the latest digital edition of FX Week here
Download now!
FX Invest April - June edition now live!
Download the latest digital edition of FX Invest here
Download now!
FX Week Directory
Advertisement
Email alerts
Poll
Jobs
