CLS Group, the market infrastructure provider of risk mitigation services to the global FX market, has published its operating metrics for the month of March 2019.
The average daily traded volume submitted to CLS was USD1.86 trillion up 8% from USD1.73 trillion in February 2019.
CLS Group has recently reported its annual volumes and shared that in 2018 it experienced a 2.5% increase in new business in its FX settlement service CLSSettlement. The average daily settlement volume was USD130 billion.
| Average daily traded volume submitted to CLS by product (USD trillion)* | Mar 2018 | Feb 2019 | Mar 2019 |
| Swap | 1.272 | 1.227 | 1.308 |
| Spot | 0.480 | 0.402 | 0.439 |
| Forward | 0.103 | 0.096 | 0.116 |
| Total average daily traded volume submitted to CLS (USD trillion) | 1.855 | 1.725 | 1.863 |
*Due to rounding, numbers presented throughout the document may not add up precisely to the totals provided and percentages may not precisely reflect the exact figures.