Barclays Capital signs up to CLS Aggregation

Barclays Capital has become the ninth bank to sign up to the CLS/Traiana trade aggregation service as a CLS aggregation participant.

"Capacity planning has always formed a cornerstone of our growth plans. The CLS aggregation service provides benefits not just to BarCap but also to the wider industry," said Mike Bagguley, head of foreign exchange at Barclays Capital in London.

Although Barclays declined to say when the implementation will go live, Bagguley said the bank is working with CLS to

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