CLS launch date slips once more


NEW YORK -- CLS Services has delayed the launch of its initiative aimed at reducing FX settlement risk until next year, a spokesperson told FX Week.

"The system will continue to undergo rigorous testing," the spokesperson said. "It will be tested with members in Q4 on a restricted basis, and we have a launch projected for Q1 2002."

The delay is due to a request for further testing time from IBM, which is providing the technology for CLS Services, said the spokesperson.

The service was due to go

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 customer services -, or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to FX Markets? View our subscription options

If you already have an account, please sign in here.

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: