BNP Paribas has adopted CLS's Cross Currency Swaps service, updating how it manages FX settlement risk and operations. The move brings the bank’s cross currency swap settlements into a centralised ...

CLS, a financial market infrastructure group delivering settlement, processing and data solutions, today announces that BNP Paribas, Crédit Agricole CIB and Natixis CIB, three leading global financial ...

CLS, the financial market infrastructure firm, has recorded continued growth in settled values of cross currency swaps submitted to CLSSettlement, with a 27 per cent year-on-year increase. By using ...

The companies have specifically enrolled in its crosscurrency swaps (CCS) settlement service. CCS is an extension of the payment-versus-payment (PvP) settlement service, CLSSettlement, to which the ...

Société Générale has gone live on market infrastructure group CLS’ cross currency swaps (CCS) service. CCS trades have notable settlement risk exposure linked to the high value of the initial and ...

Troy Segal is an editor and writer. She has 20+ years of experience covering personal finance, wealth management, and business news. Gordon Scott has been an active investor and technical analyst or ...

China’s State Administration of Foreign Exchange has announced that as of March 1, designated fx banks can begin selling renminbi cross-currency swaps to corporate clients. Until then, banks will ...

MUMBAI, Sept 19 (Reuters) - Indian firms are opting for cross-currency swaps to convert part of their rupee debt into dollars in an attempt to trim borrowing costs as U.S. interest rates decline, six ...