CLS Group’s Post

Société Générale goes live on CLS’s cross currency swaps service. The firms say the CCS system can be used seamlessly in conjunction with the post-trade platform MarkitWire https://lnkd.in/ehwqH529 #fundadmin #Custody

Société Générale goes live on CLS’s cross currency swaps service. The firms say the CCS system can be used seamlessly in conjunction with the post-trade platform MarkitWire https://lnkd.in/ewV7BQhc #fundadmin #Custody

Société Générale goes live on CLS’s cross currency swaps service. The firms say the CCS system can be used seamlessly in conjunction with the post-trade platform MarkitWire https://lnkd.in/e4eteUYU #fundadmin #Custody

Société Générale goes live on CLS’s cross currency swaps service. The firms say the CCS system can be used seamlessly in conjunction with the post-trade platform MarkitWire https://lnkd.in/et3BuDAq #fundadmin #Custody

Societe Generale has become the latest firm to go live on CLS’ cross currency swaps (CCS) service. The firm aims to leverage CCS to optimise liquidity and mitigate settlement risk, says Pierre-Jean Benazech, Société Générale’s global head of cross CCY swaps trading in a statement. The bank sees the service’s payment-versus-payment (PvP) settlement system and netting capabilities as a “positive step forward” for its foreign exchange (FX) operations.

In the stream this week - Capitolis sees record September as Novations momentum builds - https://lnkd.in/eRExRMXY Both LSEG FX and 360T saw a month-on-month increase in spot FX activity in September - https://lnkd.in/eSnuykGr Ted Holloway responds to the recent points raised by the editor of The Full FX, Colin Lambert about whether banks should be considering alternative means of making money in the FX market - https://lnkd.in/eUS4dFsh Post-trade infrastructure provider The Depository Trust & Clearing Corporation (DTCC) has launched DTCC Digital Launchpad - https://lnkd.in/eWy-G3C4 A new report from Coalition Greenwich (a division of CRISIL) finds that margin optimisation is once again a big feature of market participants’ thinking - https://lnkd.in/eriyutQg ISDA and Gfxd Global have responded to a consultation paper from the European Securities and Markets Authority (ESMA) that seeks to establish the effectiveness of firms’ execution policies by highlighting the “significantly different” nature of OTC derivatives - https://lnkd.in/eXfbyvYP That's all for now - for a weekly update on all news FX, subscribe to our free, non-spammy newsletter - https://lnkd.in/epyHdZVb #TheFullFX #OTCDevivatives #MarginOptimisation #Banks #FXSpots #CapitalMarkets #Forex

Risks from non-bank financial intermediaries (NBFIs) such as private equity and hedge funds can arise in a variety of ways, says Supervisory Board member Elizabeth McCaul.   For example:   ➡ via the correlation of exposures where risk can spill over from NBFIs to banks ➡ via hedging strategies being applied to the same exposures in both the regulated banking market and the NBFI market   To manage risks from the NBFI sector, we need a clear view of the extent to which banks are exposed to NBFI balance sheet risk.   Read the full interview https://lnkd.in/ggRYPJuv

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A new trading venue for digital asset derivatives has announced collaborations with ABN AMRO Clearing, IMC, Standard Chartered Bank, and Virtu Financial, set to launch in early 2025. These partnerships aim to enhance security, minimize risks, and promote growth in the institutional digital asset market. #Digitalassettrading, #Institutionalinvestors, #Tradingplatform, #GFO, #ABNAMROClearing, #Forex, #Cfd

🚨 Assets frozen in former JPM Russia trust over alleged debts to VTB. JPMorgan Chase & Co. Emerging Europe, Middle East and Africa Securities (JEMA), formerly JP Morgan Russian Securities, has had a range of assets frozen due to a case being brought by Russian bank VTB over alleged debts. Check out James Baxter-Derrington’s latest article👇 https://incm.pub/3JBZjZW #investing #assetmanagement #wealthmanagement #finance