CLS Settlement Average Daily Volumes down 2% in November
- Ongoing volatility has underpinned the foreign exchange market volumes trend with CLS reporting a minor decline in November as year-on-year growth figures remain on track with $5.17 trillion transacted daily.
Throughout the month of November, the foreign Exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv Read this Term trading volumes settled on the CLS Group’s Settlement Settlement Settlement in finance refers to the process when a buyer makes payment and receives the agreed-upon services or goods. The term is used on exchanges such as New York Stock Exchange (NYSE) when security changes hands. When the asset is transferred and placed in the new buyer's name, it is considered settled. This process could take a few hours or several days after a trade is made. It depends on the clearance process. In the United States, the settlement date for marketable stocks is usually 2 Settlement in finance refers to the process when a buyer makes payment and receives the agreed-upon services or goods. The term is used on exchanges such as New York Stock Exchange (NYSE) when security changes hands. When the asset is transferred and placed in the new buyer's name, it is considered settled. This process could take a few hours or several days after a trade is made. It depends on the clearance process. In the United States, the settlement date for marketable stocks is usually 2 Read this Term and aggregation service have slightly declined when compared to October, to $5.17 trillion daily, reflecting a persisting interest in trading on the foreign exchange markets.
The broad trend remains on track, while the average daily input volume of instructions submitted to CLS declined by 5%. The year-on-year growth in average daily input values marks a 5.7% rise, while the number of instructions is up by 26%.
Foreign exchange market activity remained solid, as the European Central Bank continued pondering additional monetary policy easing steps, while the Japanese yen was impacted by the second round of quantitative and qualitative easing provided by the Bank of Japan.
CLS provides a settlement service to counterparts on the foreign exchange market.
Throughout the month of November, the foreign Exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv Read this Term trading volumes settled on the CLS Group’s Settlement Settlement Settlement in finance refers to the process when a buyer makes payment and receives the agreed-upon services or goods. The term is used on exchanges such as New York Stock Exchange (NYSE) when security changes hands. When the asset is transferred and placed in the new buyer's name, it is considered settled. This process could take a few hours or several days after a trade is made. It depends on the clearance process. In the United States, the settlement date for marketable stocks is usually 2 Settlement in finance refers to the process when a buyer makes payment and receives the agreed-upon services or goods. The term is used on exchanges such as New York Stock Exchange (NYSE) when security changes hands. When the asset is transferred and placed in the new buyer's name, it is considered settled. This process could take a few hours or several days after a trade is made. It depends on the clearance process. In the United States, the settlement date for marketable stocks is usually 2 Read this Term and aggregation service have slightly declined when compared to October, to $5.17 trillion daily, reflecting a persisting interest in trading on the foreign exchange markets.
The broad trend remains on track, while the average daily input volume of instructions submitted to CLS declined by 5%. The year-on-year growth in average daily input values marks a 5.7% rise, while the number of instructions is up by 26%.
Foreign exchange market activity remained solid, as the European Central Bank continued pondering additional monetary policy easing steps, while the Japanese yen was impacted by the second round of quantitative and qualitative easing provided by the Bank of Japan.
CLS provides a settlement service to counterparts on the foreign exchange market.