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CLS announces Natixis as new Settlement Member

CLS Group (CLS), the market infrastructure that enhances financial stability by providing risk mitigation services to the global FX market, today announced the addition of Natixis as a CLS Settlement Member. This increases the number of financial institutions that are CLS Settlement Members to 63.

A CLS third party participant for several years, Natixis became a CLS Shareholder in 2012 as part of its on-boarding process to become a Settlement Member. Natixis went live as a Settlement Member on May 20, 2013.

Since launching in 2002 with 39 Settlement Members, CLS has become fundamental to the FX market. Its Members include many of the world's leading financial institutions, in addition to an expanding community of more than 9,000 third party participants.

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