There's been a small uptick in activity following the February volatility, however CLS have gone up 15.6 percent in activity this January in comparison to December last year (2017). Even more so, they have gone up 24 per cent year on year.
- Nippon Life is first non-bank financial institution in Japan to settle currency trades via CLS
- FX Working Group releases global code of conduct
The Foreign Exchange Working Group (FXWG), established by the Bank for International Settlements (BIS), has published its initial guidelines for a global code of conduct for the FX market....continued
- SWIFT joins Linux Foundation Distributed Ledger Initiative
Linux Foundation unites industry leaders to advance blockchain technology....continued