Subscribe to CLSNet service
CLSNet is a standardized, automated payment netting service for FX trades that are settling outside the CLS settlement service. Participants will be able to submit FX instructions for spot, tom/next day, forwards, non-deliverable forwards (NDFs), swaps and same-day trades for more than 140 currencies. They will be able submit FX instructions through traditional SWIFT channels or distributed ledger technology (DLT). It is open to buy-side and sell-side institutions across the FX market, including banks, broker dealers, asset managers, hedge funds and corporations.