Tag: CLS

University of St.Gallen analysis of CLS’s FX dataset reveals that information asymmetry can offer strong diversification for FX trading strategies
September 14, 2020 BY Steffy Bogdanova

Research paper on CLS’s FX dataset reveals profitable FX trading strategy based on information asymmetry

The fragmented nature of the FX market poses serious challenges for sourcing comprehensive data, however, the research findings were made possible with CLS’s FX Spot Flow data. CLS is a large source of FX executed trade data and provided the researchers with access to insights into FX market dynamics, including the interactions between different categories…

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CLS Group trading volumes
August 18, 2020 BY Valentina Kirilova

CLS volumes down 7% MoM in July

CLS’s Head of Information Services, Masami Johnstone, commented: Consistent with the summer holiday season, we saw subdued levels of average daily traded volumes in July 2020. Daily traded volumes were USD1.66 trillion, down 7% from June 2020, comprising FX swap volumes of USD1.191 trillion (-3.6%), forward volumes of USD80 billion (-20%) and spot volumes of…

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CLS Group trading volumes
July 14, 2020 BY Valentina Kirilova

CLS volumes up 20% MoM in June

CLS’s Head of Information Services, Masami Johnstone, commented: June 2020 saw a recovery in average daily traded volumes in comparison to May. The elevated level of volume continued throughout June, which is a contrast to the relatively quiet period seen between mid-April and the end of May following the extreme volatility in March and early…

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Forex Weekly Look Back
June 19, 2020 BY Steffy Bogdanova

Forex Weekly Look Back: CMC Markets expands share baskets range, ASIC places new license conditions on SocGen

Global Fintech provider Broadridge Financial Solutions, Inc. (NYSE:BR), announced that LTX, its new AI-driven corporate bonds trading platform, has executed its first trades. In the creation of LTX, Broadridge partnered with Jim Toffey, founder of Tradeweb Markets. The platform combines artificial intelligence (AI) with a new digital execution protocol that allows broker-dealers to improve market liquidity,…

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CLS Group trading volumes
June 15, 2020 BY Valentina Kirilova

CLS volumes continue to drop across all instruments in May

CLS’s Head of Information Services, Masami Johnstone, commented: Following a period of wide-scale volatility and increased trading activity during the initial phase of the COVID-19 pandemic, average daily traded volumes in CLSSettlement – our payment-versus-payment settlement service – have now stabilized at significantly lower volumes as compared to the same period last year. In May…

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cls adds three members to its board
May 21, 2020 BY Valentina Kirilova

CLS adds three new board directors

Naoto Nakamura is currently Managing Director, Global Head of FX & Local Markets Trading, and Co-Head of Global Markets Sales and Trading Division at MUFG. He is also Chair of the Tokyo FX Market Committee and Forex Club, Japan. The CLS Board now comprises 20 directors in total, eight of whom are designated as Outside…

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CLS Group trading volumes
May 15, 2020 BY Valentina Kirilova

CLS’ ADV down 30% MoM in April

    Average daily traded volume submitted to CLS by product (USD trillion)* April 2019 March 2020 April 2020 Forward 0.095 0.129 0.086 Swap 1.175 1.358 1.085 Spot 0.369 0.707 0.379 Total average daily traded volume submitted to CLS (USD trillion) 1.639 2.194 1.550  * Due to rounding, numbers presented throughout the document may not…

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