As the trading of emerging markets currencies gathers pace and broader uncertainty sweeps across financial markets, CLS is exploring alternative services designed to mitigate settlement risk for the foreign exchange market
The world is experiencing a period of challenging economic and geopolitical conditions, most recently compounded by market instability and a lack of confidence in certain sectors. As regulation, rising interest rates and shrinking central bank balance sheets further strain the availability of liquidity and increase its cost, market participants naturally seek ways to optimise liquidity and further mitigate market and operational risk.
Created more than two decades ago as a financial market infrastructure to mitigate settlement risk in the FX market, CLS keeps a close eye on these changing dynamics and continually…
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