CLS membership will allow more ‘flexibility’, says Natixis

natixis

Becoming a direct settlement member of CLS gives French bank Natixis greater ability to manage and grow its foreign exchange business, as well as providing access to liquidity, operational and IT benefits, according to the bank's global head of FX trading.

"Given the size and structure of our business, it allows us more flexibility in how we manage our flows in different currencies. As an active member of the interbank market in major currencies, it makes sense to be a direct member, as Natixis

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