UBS announces 50th CLS client

- By FX Markets Staff
- @FXMarkets_
- 19 Jan 2004

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The deal allows RZB and its subsidiaries to execute and settle their cross-border forex transactions through the continuous-linked settlement global settlement system. "This partnership underlines our capacity to implement sophisticated clients like RZB," said Martin Wiedmann, global head of FX distribution at UBS in Zurich. "As a leading bank in Austria and in central and eastern Europe, RZB is our perfect partner to develop an integrated ‘front-to-back’ cash model."

RZB is the central

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