Samsung Securities gains third-party access to CLS
The securities company is the first non-bank financial institution to join CLS in South Korea
Samsung Securities, a leading South Korean securities company, has joined CLS via a third-party service provider, becoming the first non-bank financial institution (NBFI) to use the foreign exchange settlement system in South Korea.
Samsung Securities will settle FX transactions through KEB Hana Bank, South Korea's largest bank by assets, announced CLS Group on Tuesday (January 26).
"This marks an important milestone in our efforts to broaden access to CLS in Asia. Expansion of third-party
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