Home > Term: Continuous Linked Settlement (CLS)
Continuous Linked Settlement (CLS)
The method of settling payments arising from foreign exchange trades that effects settlement by simultaneously debiting and crediting counterparty accounts in all relevant currencies across the CLS bank.
- Kalbos dalis: noun
- Pramonės šaka / sritis: Software
- Category: Globalization software service
- Company: IBM
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- Harry8L
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