CLS
FX platforms see strong March as volumes grow
ADV growth for EBS and Thomson Reuters
Futures industry needs new business model
Says senior policy adviser at Chicago Fed
CLS volumes drop in February as market returns to 'normal'
Average daily input volume dropped 16.5% in February
CLS on track with Hungarian forint adoption
Currency to be added to settled units in November
SNB pushes CLS volumes to record high and platforms benefit
Major FX platforms report uptick post-SNB
TriOptima to deploy FX compression service with CLS
FX forwards and banks to be the primary focus
CLS appoints Lichter to the board
He is also secretary general of the Euro Banking Association
Volatility boosts Ficc revenues at banks as activity surges
Strong revenues come at time of poor industry Ficc performance
CLS hits settlement record
Utility settles more than 2 million instructions – Wednesday 17
Democratisation of risk masks volume discrepancy
More market participants are willing to take on risk while dealers shy away
CLS faces up to Eastern realities
Ambitious expansion plans on ice after firm suspends operational trials of ruble
Russian banks face struggle to access credit and PB
As Western dealers aim to reduce exposure to the sanctions-hit country
Ice's CLS service cut by JP Morgan
US bank discontinues CLS services for ICE and CME
Thomson Reuters’ FX spot volume down
FX volume still depressed across all venues
CLS appoints chief information officer
Tom Zschach joins from LCH.Clearnet in London
CME to expand paired delivery as banks rethink third-party CLS
New settlement model underpinning CME Europe will extend to US futures
Achievement Award: David Puth
David Puth awarded recognition for lifetime contribution to FX markets
Paired delivery floated as options-clearing solution
But doubts persist whether the model will work for OTC FX
Industry relieved over CLS Supreme Court win
Settlement service defeats Alice Corp over technology patent
CLS sees 9% revenue growth
Year-on-year volume growth of 16% at FX settlement service
CLS will adhere to US sanctions on Russia
CLS and Russia still set for November adoption date for ruble
Industry to meet regulators on FX options clearing plans
CLS and CCPs continue discussions with regulators
Moex sees record FX volumes in March
Exchange hit average daily volume of $31.8 billion last month
CLS warns Alice ruling may impact all financial companies
CLS mired in legal tussle over technology patents