Japan's Mizuho joins CLS Aggregation Services

tokyo88

Mizuho Corporate Bank has become the 10th bank to join the trade aggregation service for the foreign exchange market run by settlement utility CLS and technology provider Traiana.

CLS Aggregation Services went live in January 2010 with the support of eight banks – Bank of America, Credit Suisse, Citigroup, Deutsche Bank, Goldman Sachs, JP Morgan, Morgan Stanley and Royal Bank of Scotland, and was later joined by Barclays in 2011. The engine accumulates all matched trades between two

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