CLS Group, the market infrastructure provider of risk mitigation services to the global FX market, today published its operating metrics for the month of January.
The data shows a significant 15.6% spike in activity vs December, up 24% year on year. This demonstrates that, while we have seen an uptick in activity following the February volatility, trading activity had significantly increased in January.
The average daily traded volume submitted to CLS was USD1.805 trillion up 15.6 percent from USD1.562 trillion in December 2017.
| January 2018 | January 2017 | December 2017 | ||
| Average daily traded volume submitted to CLS by product (USD trillion) | ||||
| Swap | 1.189 | 0.904 | 1.090 | |
| Spot | 0.513 | 0.460 | 0.391 | |
| Forward | 0.103 | 0.093 | 0.081 | |
|
1.805 | 1.457 | 1.562 |