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 Credit: REUTERS/Dado Ruvic September 26, 2023 — 12:06 pm EDT Written by Laura Matthews for Reuters -> ...

CLS, the largest multi-currency settlement system for FX trades globally, will decide in the first quarter of 2024 if it can delay settlement instructions for currency trades, potentially giving ...

NEW YORK, Sept 26 (Reuters) - A U.S. regulatory change to stock market transactions has financial infrastructure system CLS exploring delaying settlement instructions for foreign exchange trades ...