TITLE

CLS Gets Strong Reviews

AUTHOR(S)
Fest, Glen
PUB. DATE
April 2006
SOURCE
Bank Technology News;Apr2006, Vol. 19 Issue 4, p1
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article looks at the progress of the real-time foreign exchange platform called Continuous Linked Settlement (CLS) Bank. Its roster has grown to 71 settlement institutions representing global banks and money-center institutions and to two-trillion American dollars-per-day foreign exchange activity. Its strict credit and cash standards have ensured confidence for third-party participation.
ACCESSION #
20538051

 

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