CLS announces that Deutsche Bank will unit with CLSNet. The addition of Deutsche Bank and the CLSNet community will now include eight of the top 12 global banks.
CLSNet will help market contributors to reduce risk and achieve more operational efficiency for a broad range of currency flows. CLSNet is designed to regulate and centralize post-trade processes for over 120 currencies.
Deutsche Bank has gone live on CLSNet. The network will expand globally, where participants will experience improvements in operational efficiencies, liquidity optimization, and risk mitigation.
CLSNet is accessible to most market participants. They will get the benefits of the service are widely available to the FX industry.
Read More: Deutsche Bank joins CLSNet
