The companies have specifically enrolled in its crosscurrency swaps (CCS) settlement service. CCS is an extension of the payment-versus-payment (PvP) settlement service, CLSSettlement, to which the ...

Barclays Bank has gone live on market structure infrastructure group CLS’ Cross Currency Swaps (CCS) service. The CCS service, which is an extension of CLS’s payment-versus-payment (PvP) settlement ...

China’s State Administration of Foreign Exchange has announced that as of March 1, designated fx banks can begin selling renminbi cross-currency swaps to corporate clients. Until then, banks will ...

OSTTRA, the global post-trade solutions provider, has completed its inaugural portfolio compression run for USD/CNH cross ...

MUMBAI, Sept 19 (Reuters) - Indian firms are opting for cross-currency swaps to convert part of their rupee debt into dollars in an attempt to trim borrowing costs as U.S. interest rates decline, six ...

Corporate finance executives looking to cut their debt costs this year are likely to find one popular tool isn’t as attractive as it was when the Federal Reserve was aggressively raising interest ...

This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. CCS trades have significant settlement risk exposure due to the high ...

This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. The CCS service - an extension of CLS's unique payment-versus-payment ...

The Dole Food Co. said that despite sales growth, its first-quarter earnings plunged 91 percent due to refinancing of the company’s yen cross currency swap. Late Tuesday, the Westlake Village fruit ...

LONDON & NEW YORK--(BUSINESS WIRE)--Markit (Nasdaq:MRKT), a leading global provider of financial information services, and CLS Group (CLS), a leading provider of risk mitigation and operational ...

(Reuters) - U.S. companies with overseas operations are taking advantage of lower rates in euros to slash their debt funding costs and soften the blow of higher interest rates with a hedging strategy ...