Cryptocurrency Q&A
What is CLS in trading?
What is CLS in trading?
SumoPride
Sun Nov 17 2024
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5 answers
942
I'm trying to understand the concept of CLS in trading. Could someone explain what it stands for and how it's relevant in the trading world? I'm particularly interested in its application and impact on trading decisions.
5 answers
GyeongjuGloryDaysFestivalJoy
Mon Nov 18 2024
This risk is commonly referred to as foreign exchange settlement risk.
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Alessandra
Mon Nov 18 2024
By introducing CLS, the consortium aims to provide a more secure and efficient way of settling foreign exchange trades.
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DondaejiDelightfulCharmingSmileJoy
Mon Nov 18 2024
CLS stands for Continuous Linked Settlement.
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Nicola
Mon Nov 18 2024
It is an initiative launched by a group of the world's largest foreign exchange clearing banks.
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BitcoinBaroness
Mon Nov 18 2024
The main objective of CLS is to mitigate the risk of loss of principal associated with the settlement of foreign exchange trades.
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