CLS Group Reports Mixed Trading for October, Spot FX Climbs

[kreslik.news]

CLS Group, a US-based financial institution, providing settlement services across the foreign exchange (FX) market, today reported FX activity for October 2018, showing a drop in the overall daily average trading month-on-month.

During the month of October 2018, the average daily traded volume that was submitted to CLS was $7.1 trillion. When compared to the previous month, this is down 1.1 per cent, falling from $1.73 trillion in September 2018.

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Taking a closer look, the average daily swap FX traded volume for the month came in at $1.16 trillion. When compared to the ... (read more)