CLS FX settlement up 16% in January


FX clearing house and settlement firm CLS Group has today announced its monthly volume figures for January 2015 which relate to its CLS settlement service and aggregation service.

The average daily input volume submitted to CLS, combining the settlement and aggregation services, was 1,419,369 up 16.0% from 1,223,109 in December 2014

The average daily input value submitted to CLS was US$5.31 trillion up 9.0% from US$4.87 trillion in December 2014.

During the latter part of 2014, CLS Group had experienced a downturn in settlement and aggregation activity, culminating in an 11.7% drop in December compared with November, which itself was a month that represented a contraction of 5.4% in settlement and aggregation.

January’s market volatility has indeed provided CLS Group with a buoyant order flow as 2015 begins.

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For the official announcement from CLS, click here.

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CLS FX settlement up 16% in January

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