CLS impact ‘neutral’ for RTGS systems

CLS settlement members’ ability to fund their gross obligations on a net basis was expected to reduce settlement flows in CLS currencies and improve liquidity. Conversely, although the potential benefits of CLS were widely recognised, market participants feared the need to make payments on a strict timetable would complicate treasurers’ intra-day cash management.

However, according to the BoE report, released on September 26, neither effect has been observable in the majority of currencies

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: https://subscriptions.fx-markets.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a FX Markets account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: