Wells Fargo has joined CLS' Settlement constituency as its 65th member.
CLS Group (CLS), a provider of Risk Management and operational services, has announced its newest settlement member to its global constituency, adding leading investment venue, Wells Fargo, according to a CLS report.
The new world of online trading, fintech and marketing – register now for the Finance Magnates Tel Aviv Conference, June 29th 2016.
The addition of Wells Fargo builds upon a robust list that is already 64 strong, including a panel of membership banks in the foreign exchange market. Collectively, this group is responsible for the settlement of upwards of $5.0 trillion a day, making the overall membership one of the largest in the world. Per the addition, Wells Fargo will gain access to the myriad benefits of CLS membership, which include access to large swaths of Liquidity , IT efficiency, and currency trading support.
According to David Puth, Chief Executive Officer (CEO) of CLS, in a recent statement on the membership: “The addition of Wells Fargo is a great endorsement of the service CLS continues to provide to the foreign exchange market and global economy.
Participation in our service continues to grow and our settlement members, such as Wells Fargo, play a critical role in ensuring market participants have access to the highest standard of risk mitigation to support their trading operations and enhancing the safety and security of the global FX market.''
''CLS plays a critical role in the financial markets and we are delighted to have joined as a settlement member. Mitigation of settlement risk remains a top priority for Wells Fargo and our participation in CLS will allow us to achieve this goal,” said Sara Wardell-Smith, Global Head of the FX & International Treasury Management Division, EVP, at Wells Fargo.
CLS Group recently made headlines after it reported its May volumes that were pointed lower – CLS’s submitted average daily input volume, which combined its settlement and aggregation services, registered just 969,061 during May 2016, down -9.7% MoM amidst an uneven year of volumes.
CLS Group (CLS), a provider of Risk Management and operational services, has announced its newest settlement member to its global constituency, adding leading investment venue, Wells Fargo, according to a CLS report.
The new world of online trading, fintech and marketing – register now for the Finance Magnates Tel Aviv Conference, June 29th 2016.
The addition of Wells Fargo builds upon a robust list that is already 64 strong, including a panel of membership banks in the foreign exchange market. Collectively, this group is responsible for the settlement of upwards of $5.0 trillion a day, making the overall membership one of the largest in the world. Per the addition, Wells Fargo will gain access to the myriad benefits of CLS membership, which include access to large swaths of Liquidity , IT efficiency, and currency trading support.
According to David Puth, Chief Executive Officer (CEO) of CLS, in a recent statement on the membership: “The addition of Wells Fargo is a great endorsement of the service CLS continues to provide to the foreign exchange market and global economy.
Participation in our service continues to grow and our settlement members, such as Wells Fargo, play a critical role in ensuring market participants have access to the highest standard of risk mitigation to support their trading operations and enhancing the safety and security of the global FX market.''
''CLS plays a critical role in the financial markets and we are delighted to have joined as a settlement member. Mitigation of settlement risk remains a top priority for Wells Fargo and our participation in CLS will allow us to achieve this goal,” said Sara Wardell-Smith, Global Head of the FX & International Treasury Management Division, EVP, at Wells Fargo.
CLS Group recently made headlines after it reported its May volumes that were pointed lower – CLS’s submitted average daily input volume, which combined its settlement and aggregation services, registered just 969,061 during May 2016, down -9.7% MoM amidst an uneven year of volumes.
FM's Editor-in-Chief Yam Yehoshua on how the newsroom evaluates stories.
FM's Editor-in-Chief Yam Yehoshua on how the newsroom evaluates stories.
FM's Editor-in-Chief Yam Yehoshua on how the newsroom evaluates stories.
FM's Editor-in-Chief Yam Yehoshua on how the newsroom evaluates stories.
Matthew Smith, Group CEO at EC Markets, speaking at FMLS:24
Matthew Smith, Group CEO at EC Markets, speaking at FMLS:24
Matthew Smith, Group CEO at EC Markets, speaking at FMLS:24
Matthew Smith, Group CEO at EC Markets, speaking at FMLS:24
Finance Magnates Annual Awards 2024 | FM Awards 2024 Highlights
Finance Magnates Annual Awards 2024 | FM Awards 2024 Highlights
🎥Catch the best moments from the Finance Magnates Annual Awards Gala Dinner!
An evening where top names in finance came together to celebrate achievements, enjoy live music, and connect over a memorable dinner. Watch the highlights and feel the energy of our first gala in Cyprus!
Congratulations to all the winners for their dedication to excellence and leadership in the financial industry, including XM, Trading PRO, FP Markets, Deriv, FxPro, LATAM, Headway, ATFX, FBS, AMEGA, EC Markets, Axi
For more information about the 1st Finance Magnates Annual Awards, visit https://bit.ly/3Zb7wNz
#FinanceMagnatesGala #IndustryExcellence #GalaHighlights #FinanceMagnatesAnnualAwards #FinanceMagnatesAwards #CelebratingSuccess #FinanceCommunity
🎥Catch the best moments from the Finance Magnates Annual Awards Gala Dinner!
An evening where top names in finance came together to celebrate achievements, enjoy live music, and connect over a memorable dinner. Watch the highlights and feel the energy of our first gala in Cyprus!
Congratulations to all the winners for their dedication to excellence and leadership in the financial industry, including XM, Trading PRO, FP Markets, Deriv, FxPro, LATAM, Headway, ATFX, FBS, AMEGA, EC Markets, Axi
For more information about the 1st Finance Magnates Annual Awards, visit https://bit.ly/3Zb7wNz
#FinanceMagnatesGala #IndustryExcellence #GalaHighlights #FinanceMagnatesAnnualAwards #FinanceMagnatesAwards #CelebratingSuccess #FinanceCommunity
FMLS:24 | Shaping the Next Era of Financial Evolution
FMLS:24 | Shaping the Next Era of Financial Evolution
Welcome to FMLS:24 – the premier event where influential brands and leaders in trading, payments, fintech, and digital assets come together!
Join over 2,500 industry professionals, engage with 150+ expert speakers, and discover endless opportunities with 70+ top exhibitors. FMLS:24 is where senior executives and decision-makers gather to close deals, forge new partnerships, and strengthen connections with long-term clients.
Whether you’re in finance, technology, or payments, this summit is your gateway to future growth, meaningful collaborations, and industry-leading insights.
👉 Don't miss out – secure your ticket now at https://events.financemagnates.com/ZQEYy0?utm_source=youtube&utm_campaign=fmls24-awareness&utm_medium=video&RefId=MLS%3A24+Video+Promo
#fmls #fmls24 #fmevents #financemagnates #forex #payments #crypto #events #london #fintech #ai #generativeai #technology #onlinetrading #forex #investing #investors #tech
📣 Stay updated with the latest in finance and trading!
Follow FMevents across our social media platforms for news, insights, and event updates. Connect with us today:
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Don't miss out on our latest videos, interviews, and event coverage. Subscribe to our YouTube channel for more!
Welcome to FMLS:24 – the premier event where influential brands and leaders in trading, payments, fintech, and digital assets come together!
Join over 2,500 industry professionals, engage with 150+ expert speakers, and discover endless opportunities with 70+ top exhibitors. FMLS:24 is where senior executives and decision-makers gather to close deals, forge new partnerships, and strengthen connections with long-term clients.
Whether you’re in finance, technology, or payments, this summit is your gateway to future growth, meaningful collaborations, and industry-leading insights.
👉 Don't miss out – secure your ticket now at https://events.financemagnates.com/ZQEYy0?utm_source=youtube&utm_campaign=fmls24-awareness&utm_medium=video&RefId=MLS%3A24+Video+Promo
#fmls #fmls24 #fmevents #financemagnates #forex #payments #crypto #events #london #fintech #ai #generativeai #technology #onlinetrading #forex #investing #investors #tech
📣 Stay updated with the latest in finance and trading!
Follow FMevents across our social media platforms for news, insights, and event updates. Connect with us today:
🔗 LinkedIn: https://www.linkedin.com/showcase/financemagnates-events/
👍 Facebook: https://www.facebook.com/FinanceMagnatesEvents
📸 Instagram: https://www.instagram.com/fmevents_official
🐦 Twitter: https://twitter.com/F_M_events
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Don't miss out on our latest videos, interviews, and event coverage. Subscribe to our YouTube channel for more!