FX INFRASTRUCTURE
CLS
A financial market infrastructure that mitigates principal risk in settlement of eligible FX transactions.
What does it stand for?
Continuous Linked Settlement
What it means
A financial market infrastructure that mitigates principal risk in settlement of eligible FX transactions.
How to interpret it
This concept should be read together with its market convention, measurement horizon and underlying instrument. BondStats presents it as an analytical reference rather than investment advice; instrument documentation and primary market rules remain authoritative.
Related Acronyms
BondStats reference content is independently written. Mathematical relationships, abbreviations and market conventions are presented for educational and analytical use.