CLS Reports Slight Monthly Decline in October Trading Volumes

[kreslik.news]

One of the key utilities to the foreign exchange market participants, CLS Group (CLS), has just reported its settlement service and aggregation service input data for October 2016. The monthly volumes and values are down slightly from CLS’ data for September 2016 which was one of the strongest this year with expectations of a upcoming rate hike by the U.S. Federal Reserve increasing throughout.

In terms of the actual numbers, the average daily input volume submitted to CLS, combining the settlement and aggregation services, was 1,015,928 down 2.1% from 1,038,025 in September 2016. The average daily input value submitted to ... (read more)