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A U.S. regulatory change to stock market transactions has financial infrastructure system CLS exploring delaying settlement instructions for foreign exchange trades, a move requested by foreign asset ...
Integrating China's yuan with global settlement system CLS will take years, despite a pressing need in the world's $5 trillion a day foreign exchange market, although the firm's Asia head says she ...
LONDON (Reuters) - U.S. bank Wells Fargo has joined the more than 60 banks worldwide that process currency transactions directly through the settlement systems run by U.S.-based lender CLS, the ...
FX settlement system CLS may tweak deadline to avoid US equity market rule disruption. By Laura Matthews. September 26, 2023 8:31 PM UTC Updated September 26, 2023 Item 1 of 2 Saudi ...