Tag Archives: CLS Bank
CLS Bank the worlds largest clearing house for OTC FX transactions is testing its processors and system incase the Euro is divided.The tests form the first solid sign that the currencies-trading industry is preparing for the worst from the common …
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CLS bank a clearing and settlement bank for foreign exchange trading has announced that iy will be increasing its transaction costs.
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CLS Bank has a positive swing in August in the back of intense market volatility in safe haven currencies.
Figures reported for July showed a downfall of 2% however July is typically recognised as a month where most traders are on vacation.
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CLS Bank, a multi currency cash settlement system saw the average number of daily foreign exchange payment instructions fall by 2 percent in July from the previous month, while the average value also dropped.
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