CLS February FX Input Value Up 3% as Volume Dips 2.3% from January
Posted: Mon Mar 14, 2016 2:00 pm
The leading provider of risk mitigation and operational services for Foreign Exchange dealers and institutions, CLS Group, has today reported February trading metrics showing mixed results when compared month-over-month.
Average daily input value submitted to CLS during February was up by 3% month-over-month to USD $5 trillion, and higher by $160 billion from January’s totalof $4.84 trillion, and also higher when compared year-over-year yet to a lesser degree that last’s month’s increase.
The figures are reported based on both sides of FX transactions and in line with BIS standards and Foreign Exchange Committee market reports, and thus, should be divided ... (read more)