FX Clearer: BNP Paribas' gateway to CLS

First Published: e-Forex Magazine 9 / News / January, 2003

As a major shareholder of CLS Bank, BNP Paribas was one of the pilot settlement members to successfully complete CLS trials. This expertise has just been made available to clients via a dedicated proprietary platform, FXClearer, which offers a tailor made third party service.Using the web-based solution FXClearer, clients can access their consolidated position for all FX/MM and CLS deals through a multi-currency account. They have real-time information for present and future trades and will benefit from the real-time reporting capabilities of SWIFNet....continued

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