CLS Group

Zschach Joins CLS as CIO

Tom Zschach is set to join the foreign exchange (FX) risk-mitigation utility CLS Group as its chief information officer come September 1.

Nominees for LEI Foundation Directors Published

Gerard Hartsink has been nominated as chair of the board of directors of the Global Legal Entity Identifier Foundation and says he and the 15 other nominees understand the foundation and central operating unit must move quickly

CLS Adds Iwadare to Board

CLS Group has announced that Hirochika Iwadare, general manager of the global markets trading division at Bank of Tokyo Mistubishi UFJ, has been elected to the CLS Group Holdings board of directors.

CLS Debuts USD/CAD Same-Day Settlement

CLS Group, the firm responsible for settlement risk mitigation in foreign-exchange (FX) markets, has announced that it has gone live with T+0 settlement for the US Dollar and Canadian Dollar currency pair (USD/CAD).

CLS Opens Further Asia Presence

CLS Group has announced that it will expand its presence in Asia-Pacific through the opening of an office in Hong Kong.

CLS AS Adds Mizuho Corporate Bank

Mizuho Corporate Bank has joined the CLS Aggregation Service (CLS AS), operated by CLS Group and Traiana, for trade compression in the foreign exchange (FX) market.

CLS Elects Five to Board

CLS Group has announced five new additions to its board of directors after shareholder elections, which now totals 24.

CLS Names New CFO

CLS Group has selected ex-American Express staffer Alexander Fishie to take the post of chief financial officer (CFO).

Swedbank Extends CLS Membership

CLS Group, the organization responsible for the mitigation of settlement risk for institutional foreign exchange (FX) transactions, has announced the addition of Swedbank as a settlement member.

Special FX: The Evolution of e-FX Trading

Foreign-exchange trading has changed considerably over the past 10 years. Daily turnover has doubled, spreads have tightened dramatically, and the market has opened up to new entrants as never before. At the heart of this is a shift to electronic trading…

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