CLS Group (CLS), the market infrastructure provider of risk mitigation services to the global FX market today published its operating metrics for December 2016.
The average daily input volume submitted to CLS, combining the settlement and aggregation services, was 934,900 down 19.9% from 1,167,833 in November 2016.
The average daily input value submitted to CLS was USD4.58 trillion down 8.2% from USD4.99 trillion in November 2016.
Input volumes are the number of instructions received by CLS on a given day for future settlement. Input instructions are not necessarily settled during the month in which they were submitted.