CLS Group
id:
cls-group-250-12293764
title:
CLS Group
text:
CLS Group, or simply CLS, is a specialized financial market infrastructure group whose main entity is the New York-based CLS Bank. It started operations in 2002 and operates a unique and global central multicurrency cash settlement system, known as the CLS System, which plays a critical role in the foreign exchange market. Although the forex market is decentralised and has no central exchange or clearing facility, firms that chose to use CLS to settle their FX transactions can mitigate the settl
brand slug:
wiki
category slug:
encyclopedia
description:
Financial infrastructure group
original url:
https://en.wikipedia.org/wiki/CLS_Group
date created:
date modified:
2024-03-02T06:07:51Z
main entity:
{"identifier":"Q1128918","url":"https://www.wikidata.org/entity/Q1128918"}
image:
{"content_url":"https://upload.wikimedia.org/wikipedia/commons/3/33/Lower_Manhattan_from_East_River_01_%289443345622%29.jpg","width":4288,"height":2848}
fields total:
13
integrity:
15