cls

India''s clearing corporation will offer its members access to the continuous linked settlement platform via ABN AMRO.

Asian banks are increasingly taking advantage of the full capabilities of adopting CLS for their FX trading.

Banks club together to buy computer system ahead of won''s entry into CLS.

Standard Chartered has been appointed to handle Macau-based bank''s forex trades using the Continuous Linked Settlement system.

Continuous linked settlement (CLS) is a relatively new clearing system technique for Asian banks, as the original seven currencies, and hence participants, were largely European and North American.

But recent glitch in Asian markets highlights the challenge of expanding system beyond foreign exchange.

Small and mid-tier banks begin to reduce FX settlement risk by using CLS Bank members'' third-party services

MKI''s banking packages to support Continuous Linked Settlement for FOREX deals.