CLS Group’s trading volumes up 8% MoM in September


CLS Group trading volumes

CLS Group, the market infrastructure provider of risk mitigation services to the global FX market, has published its operating metrics for the month of September 2018.

The average daily traded volume submitted to CLS was USD 1.729 trillion up 7.7 percent from USD1.605 trillion in August 2018.

Last month the company announced that Chief Executive Officer David Puth has decided to step down after leading the company since 2012.

 

 

Average daily traded volume submitted to CLS by product (USD trillion)*

Sept 2017Aug 2018Sept 2018
Swap1.1371.0971.199
Spot0.5100.4250.447
Forward0.1020.0830.083
Total average daily traded volume submitted to CLS (USD trillion)1.7501.6051.729

* 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.

From January 2017, CLS altered the reporting methodology for the FX data it makes available on a monthly basis. The data provided is based on executed trade volumes submitted to CLS. It is adjusted to equate to the same reporting convention used by the Bank for International Settlements (BIS) and the foreign exchange committees’ semi-annual FX volume surveys. These surveys only report one side of any trade, and only one of the four legs of FX swap trades, to avoid double counting the total amount of trades.

Related News

arrow

CLS Group's trading volumes up 8% MoM in September

1

Send this to a friend

Fill out the form below for more information
for lising in LeapRate's Forex Yellow Pages

Please enter the company name, email address to reach you and phone # (optional):

Please fill out the message field to the right for any questions or special inquiry: