CLS has launched CLSClearedFX?the first payment-versus-payment (PvP) settlement service specifically designed for over-the-counter (OTC) cleared FX derivatives. The service will enable central ...

NEW: CLS GLOBAL (CLEARING AND SETTLEMENT SERVICES), A UAE-BASED CRYPTO FIRM, HAS BEEN FINED $428,000 FOR WASH TRADING BY A U.S. COURT, AFTER PLEADING GUILTY TO MARKET MANIPULATION AND WIRE FRAUD ...

The settlement came in response to a lawsuit CLS filed in late 2004, saying ASU denied the group its right to associate freely and choose its members. According to CLS's Web site, all members must ...

The world’s first interbank Payment vs Payment (PvP) settlement outside of CLS has been completed by HSBC and Wells Fargo using Baton Systems’ Core-FX solution, built on Baton’s distributed ledger ...