CLS Group Reports an Increased Average Volume for February 2017
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CLS Group Reports an Increased Average Volume for February 2017
CLS Group, a provider of risk mitigation and operational services for foreign exchange dealers and institutions, today reported its trading metrics for February 2017 showing an overall increase compared with the previous month. CLS also changed its reporting methodology to better align itself with the BIS (Bank of International Settlements), trading platforms and central banks.
In total CLS reports $1.5 trillion in FX traded volumes in February 20, an increase of 2.7% month over month from January 2017. This is despite a drop in spots (from $0.460 to $0.427 trillion) and forwards (from $0.093 to $0.092 trillion). As such the rise was comprised completely ... (read more)
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