Forex exchange (FX) settlement giant CLS will launch its IBM (NYSE:IBM) blockchain-powered netting service within “a matter of days,” according to Chief Strategy Officer (CSO) Alan Manquard. The CSO made the announcement at the IBM Think Tank conference in London Nov. 14, as reported by tech news source Computer Business Review (CBR).

CLS Group, which reportedly settles on average $5 trillion in payment instructions daily, is a U.S. FX settlement service supplier with high-profile members that include Goldman Sachs (NYSE:GS), JPMorgan (NYSE:JPM), Barclays (LON:BARC), and Citigroup (NYSE:C).

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