Login Language Contact About us Products Communities News & Insights People CLSSettlement Mitigate settlement risk for your FX trades while benefiting from operational efficiencies, in addition to best-in-class netting and liquidity management. Home Products Settlement CLSSettlement The global standard in FX settlement risk mitigation Each day we settle over USD6.0 trillion of payments in 18 of the most actively traded currencies globally, protecting our members and their clients from the most significant risk in the FX market – settlement risk. We do this by simultaneously settling payments relating to FX trades using our unique payment-versus-payment system. We also deliver huge efficiencies and savings for our clients: in fact, our approach to multilateral netting shrinks funding requirements by over 96% on average, so you can put your capital and resources to better use. That’s why over 70 of the world’s most important financial institutions choose to be settlement members of CLS – and over 28,000 more use our services, including banks, funds, non-bank financial institutions and multinational corporations. How settlement works The benefits Risk mitigation and management Capital and liquidity efficiencies Operational and IT efficiencies Business growth SHARE: Products Settlement CLSSettlement Membership How it works Currencies Pricing Bank protocols CLSClearedFX CLSNow Cross currency swaps OTC Derivatives Processing Data CLSSettlement overview Download ABOUT Shareholders Board of directors Executive management committee Corporate governance Regulatory affairs Financial reports Our history Modern Slavery Act Statement PRODUCTS Settlement Processing Data COMMUNITIES Settlement community Vendor community Regulators NEWS & INSIGHTS News Data insights Insights Events Publications FX Trade Volume reports CAREERS People Sitemap Terms Cookies Accessibility Privacy Awards © Copyright CLS 2021 By using this site you agree to these cookies being set. To find out more see our cookies policy