Emmanuel Daniel

CLS: If member banks provide liquidity, what value do they get in exchange?

Written by Emmanuel Daniel | Nov 12, 2009 10:51:33 AM

(Part 2 of 3) Conversation with Rob Close, CEO, CLS Group, on what banks get from CLS in exchange for providing liquidity – volume aggregation for new entrants – CCPs and providing clearing services – banks as competitors and users – having the renminbi and the rupee in CLS