CLS to launch reporting tool for members
FX settlement utility gives members extra fields in end-of-day reports to help with reporting requirements
Foreign exchange settlement utility firm CLS is set to launch a new reporting service for its members in response to their requests for more comprehensive reports of their FX trades.
CLSReporting aims to broaden the breadth of information its members receive at the end of the day, and in so doing help them to meet their regulatory reporting requirements under the second Markets in Financial Instruments Directive (Mifid II).
The service will allow CLS members to exchange information with their
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