LCH.Clearnet has partnered with CLS , a provider of settlement services for the forex market , to develop a service that will simplify the delivery of cleared FX products . It will be open to all central counterparties and will apply to a variety of cleared FX products as well as providing a set of payment benefits to its customers .
LCH.Clearnet has partnered with CLS, a provider of settlement services for the forex market, to create a service that will simplify the settlement of cleared FX products. It will be open to all central counterparties and will apply to a variety of cleared FX products as well as providing a set of risk benefits to industry members.