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CLS enhances financial stability through the mitigation of FX settlement risk globally, playing a fundamental role in the FX market. CLS is the only means by which FX settlement risk can be mitigated with finality, using a unique combination of payment-versus-payment settlement in central bank funds, multilateral payment netting and a standard legal framework, supported by a robust and resilient infrastructure. CLS also provides the CLS Aggregation Service LLC -- a collective industry solution that delivers a trade compression service to Settlement Members, reducing operational risk and cost issues. CLS Aggregation Services is a joint venture between CLS Bank (51% owner) and Traiana, Inc. (49%), an ICAP company. In 2012, the US Financial Stability Oversight Council designated CLS as “systemically important” financial market utility. Launched in 2002, CLS settles FX trades between the following 18 currencies: Australian Dollar, Canadian Dollar, Danish Krone, Euro, Hong Kong Dollar, Hungarian Forint, Israeli Shekel, Japanese Yen, Korean Won, Mexican Peso, New Zealand Dollar, Norwegian Krone, Singapore Dollar, South African Rand, Swedish Krona, Swiss Franc, UK Pound and US Dollar Owned by 74 of the world’s leading financial institutions, CLS Group Holdings AG is the parent company of the CLS Group of companies.
The Primary mission of International Bank of Chicago is to introduce the bank facility as a viable, productive member of the diverse communities of Uptown and South Chinatown. We will address the consumer, commercial and retail needs of those of all
BankTexas is a Quitman, TX-based company in the Financial Services sector.
missouri bank and tr co kans cy is a Kansas City, MO-based company in the Financial Services sector.
Why is Monson Savings your best choice? Because we offer the best of all worlds with… •Products to help you save like MoneyMaking Checking, MoneyMaking Savings, and NextGen Teen Banking for young adults •Tools to simplify your life like mobile banking & mobile deposit so you can bank from your phone. •Low mortgage rates. •Experts to help your business prosper. •Access to products for Your Financial Future to: •Grow your money •Get retirement income from your savings •Save for education •Protect your family •Community involvement and support through generous charitable giving. •And the genuine, caring customer service you deserve.