CLS experiences 10.6% downturn in daily input volume in April

CLS Group (CLS), the market infrastructure provider of risk mitigation services to the global FX market has today announced its trading metrics for April 2015.

The average daily input volume submitted to CLS, combining the settlement and aggregation services, was 1,194,817 down 10.6% from 1,366,042 in March 2015.

Despite the relatively minor decrement experienced in April, steady performance has been maintained by CLS, as March was a month in which daily input volumes increased by over 12% compared to the previous month.

The average daily input value submitted to CLS was $4.64 trillion down 9.9% from $5.15 trillion in March 2015.

David Puth, CEO of CLS stated “Consistent with the overall decline in activity in the FX market during April, average daily input volumes in CLS decreased by 10.6% while daily input values dropped by 9.9% month on month.”



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