China dominates our thinking: David Puth, CLS chief executive

Interviewed at the Sibos conference in Osaka, David Puth talks about growth plans for Asia and the risk management implications of central clearing

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Settlement risk mitigation utility CLS has come a long way in the 10 years since it was established and new chief executive David Puth has bold plans to double the existing 17 currencies that work on the system.

Speaking to Asia Risk in a video recorded at the Sibos conference in Osaka, Puth describes how regional markets in Asia fit within the utility's broader strategy – and how CLS will function in a financial world that is moving to central clearing.

While the organisation has global

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Stemming the tide of rising FX settlement risk

As the trading of emerging markets currencies gathers pace and broader uncertainty sweeps across financial markets, CLS is exploring alternative services designed to mitigate settlement risk for the FX market

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