Celebrating in style


What do CLS, Saxo Bank and FXall have in common, aside from all operating fairly important, albeit very different, foreign exchange market infrastructures?

The answer is that all celebrated birthdays in September, of varying significance – CLS turned 10 years' old, Saxo became 20 years' old, and FXall passed the one-year anniversary of its filing for a public listing in September 2011. But more importantly, all three entities will face some seismic changes over the coming years.

The role of CLS

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