CLS

Class [36]
Insurance & Financial Services

Financial settlement and financial transaction services; foreign exchange transactions; settlement systems for foreign exchange transactions, namely, transferring funds to discharge the obligations of foreign exchange transactions; acting as a settlement agent, namely, acting on behalf of third parties in respect of delivering financial securities in exchange for money to fulfil contractual obligations; provision of bilateral and multilateral financial netting systems, namely, the consolidation of individual payments into a single net payment; taking financial margins, namely, calculating and reserving deposits as collateral; calculating net settlement amounts; default management; provision of financial clearing systems to third parties as a means of identifying and removing counterparty risk between trading institutions; financial analysis; financial consultancy; exchange services relating to shares, securities, commodities, futures and options; organisations and operation of trading markets for financial services and financial instruments; provision of financial information relating to foreign exchange transactions; clearing, payment, and settlement services relating to international currency, securities, commodities and other financial transactions among financial institutions and other participants in the financial markets; information, consultancy and advisory services in relation to the aforesaid.