April 27, 2016 BY Mike Fox

CLS daily FX trading volume tails off to $4.69 trillion ADV

CLS Group (CLS), the market infrastructure provider of risk mitigation services to the global FX market, has earlier today published its operating metrics for March 2016. The average daily input volume submitted to CLS, combining the settlement and aggregation services, was 1,035,678 down 15.2% MoM from 1,220,828 in February 2016. Showing even further consolidation, the reading for March 2016 was…

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