CLS Group

CLS Group is a privately held company headquartered in New York, New York. Employing over 518 people, the company generates an estimated $500 million in annual revenue. CLS Group operates within the global foreign exchange (FX) ecosystem, serving thousands of counterparties across the world. CLS Group provides a comprehensive suite of services designed to enhance safety, efficiency, and cost-effectiveness within the FX market. Their core offering is a global settlement infrastructure that facilitates trillions of dollars in daily currency transactions. This system minimizes systemic risk and establishes standardization for participants dealing in major currencies. CLS Group also provides complementary products aimed at streamlining FX processing and offering market intelligence derived from a vast database of FX execution data. One of CLS Group's key differentiators is its multilateral netting approach. This innovative method significantly reduces funding requirements for clients, often by over 96% on average, enabling them to allocate capital and resources more strategically. CLS Group's solutions are tailored to address the diverse needs of clients throughout the entire FX lifecycle, from processing to risk management. For more information about CLS Group's products and services, please visit their website at cls-group.com.