Emmanuel Daniel

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

Written by Emmanuel Daniel | Nov 12, 2009 10:59:23 AM

(Part 3 of 3) Conversation with Rob Close, CEO, CLS Group, on what banks get from CLS in exchange for providing liquidity – the internationalization of closed currencies – the composition of FX volumes – central banks and FX – meeting local market needs