CLS Group (CLS), the market infrastructure provider of risk mitigation services to the global FX market, has just published its operating metrics for January 2016.
The average daily input volume submitted to CLS, combining the settlement and aggregation services, was 1,249,226, which is 29.9% higher than the result of 961,698, registered in December 2015. The rise is in tune with the results displayed by the bulk of the FX industry in the first month of the new year.
The reading for January 2016, however, lagged markedly behind the reading for January 2015 – the year-on-year drop is nearly 12%.
The average daily input value submitted to CLS was $4.84 trillion, up 8.3% from the result of $4.47 trillion reported for December 2015. The January 2016 reading, however, was 8.9% lower than in January 2015.
To view the full report from CLS, click here.