Emmanuel Daniel

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

Written by Emmanuel Daniel | Nov 12, 2009 10:30:43 AM

(Part 1 of 3) Conversation with Rob Close, CEO, CLS Group, on what banks get from CLS in exchange for providing liquidity – FX and settlement risk – settling while Lehman collapsed – a new understanding of risk – process changes after Lehman