CLS in MarketSpace talks


The clearing house for FX trades last week held discussions with CME and Reuters about whether it will allow trades netted through the central clearing house to be settled with it. There is understood to be serious concern from CLS about the potential revenue drain that would result if MarketSpace netted all trades prior to submitting them through CLS.


When it launched the proposition, CME and Reuters stressed the cost savings that would be made by netting trades through the central

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.fxweek.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a FX Week account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: