CLS is a global financial market infrastructure that specializes in mitigating settlement risk in the foreign exchange (FX) market. With trillions of dollars worth of currency flowing through its systems each day, CLS provides standardized and automated bilateral payment netting services, as well as solutions for streamlining operations, optimizing capital, and reducing risk in FX settlement-related processes. Trusted by thousands of counterparties within the FX ecosystem, CLS aims to make FX trading safer, smoother, and more cost-effective.
Through its comprehensive suite of FX alternative data products, CLSMarketData, CLS empowers the global FX community with unparalleled data-driven insights into market dynamics. Additionally, CLS supports market adoption of the FX Global Code, promoting the adoption of payment-versus-payment and netting to further reduce settlement risk. Recognized as one of Britain's top employers, CLS is committed to creating inclusive and diverse workplaces that prioritize the well-being of its employees.
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