CLS Group Archives

CLS Group Reports Solid FX Volumes for January 2021

February 16, 2021

Foreign exchange settlement provider, CLS Group saw strong volumes in January 2021 as investors flocked to FX markets amid violent market swings of fears of a coronavirus-fueled global recession. The average...

CLS Posts Decline in FX Trading Volumes in August

September 16, 2020

CLS Group, a settlement services provider for the foreign exchange (forex) industry, has published its trading volumes for the month of August today, revealing a month on month decline. In particular, the av...

CLS Group Reports Flat FX Volumes for May 2020

June 15, 2020

Foreign exchange settlement provider CLS Group reported its operational metrics for May 2020, which dropped on a yearly basis, and in line with peers in the industry, executed trade volumes were also lower co...

Goldman Sachs Joins CLS, IHS Markit’s Cross-Currency Swaps Service

June 11, 2020

Wall Street giant Goldman Sachs has joined the cross-currency swaps settlement service of CLS and IHS Markit. Announced on Thursday, the service is an extension of CLS’s payment-versus-payment (PvP) settleme...

FX Liquidity Shifting Away from Rush Hours in Corona-Like Times

April 9, 2020

Financial markets analytics firm Mosaic Smart Data has released a study that examines FX market liquidity based on data recently provided by foreign exchange settlement provider CLS Group. The report draws o...

CLS Group Reports Mixed Trading for October, Spot FX Climbs

November 8, 2018

CLS Group, a US-based financial institution, providing settlement services across the foreign exchange (FX) market, today reported FX activity for October 2018, showing a drop in the overall daily average tra...

CLS Appoints Margaret Law as Head of Client Management for APAC

October 9, 2018

CLS Group, a leading provider of risk mitigation and settlement services for FX dealers and institutions, announced on Tuesday that it has hired Margaret Law as its Head of Client Management for the Asia Paci...

CLS Group Reports Flat Volumes for August 2018

September 19, 2018

CLS Group, a leading provider of risk mitigation and settlement services for FX dealers and institutions, on Wednesday reported its operational metrics for August 2018, which moved lower on a monthly basis bu...

David Puth to Resign as CEO of CLS Group

September 17, 2018

CLS Group is undergoing a major change of its senior leadership, after its long-serving Chief Executive Officer David Puth announced plans to resign from his role, effective September 30. Following the surpr...

CLS Appoint Former EY Partner Duncan Bernard as Chief Internal Auditor

August 28, 2018

CLS, a provider of settlement services to the FX industry, announced this Tuesday that it has appointed Duncan Bernard as its Chief Internal Auditor. Bernard will be based in the firm’s head office in New Yor...