CLS Group Notches Staunch Reversal in June Volumes
- An unexpected swath of volatility triggered a strong uptick in trading and settlement at CLS Group in June.
CLS Group, a provider of risk mitigation and operational services, has reported its latest tranche of volumes and aggregation services statistics for June 2016 – the figures highlight an abrupt reversal off of the past few months, which had been in the middle of an unabated downward trajectory, according to a recent CLS statement.
While the 2016 calendar year has largely seen a downward trend in its settlement figures, June 2016 allayed any such path, sharply rebounding across the board after being sparked by the Brexit Brexit Brexit stands for British Exit, or in reference to the United Kingdom’s decision to formally leave the European Union (EU) as declared in a June 23, 2016 referendum. In a more immediate sense, a tight vote and unexpected result helped drive British pound (GBP) to lows that had not been seen in decades.The day following the referendum, former Prime Minister David Cameron resigned from office where he was replaced by Theresa May, who later resigned from office on June 7th, 2019. Active Prime Minis Brexit stands for British Exit, or in reference to the United Kingdom’s decision to formally leave the European Union (EU) as declared in a June 23, 2016 referendum. In a more immediate sense, a tight vote and unexpected result helped drive British pound (GBP) to lows that had not been seen in decades.The day following the referendum, former Prime Minister David Cameron resigned from office where he was replaced by Theresa May, who later resigned from office on June 7th, 2019. Active Prime Minis Read this Term vote. The unexpected decision of the vote, coupled with a tsunami of Volatility Volatility In finance, volatility refers to the amount of change in the rate of a financial instrument, such as commodities, currencies, stocks, over a given time period. Essentially, volatility describes the nature of an instrument’s fluctuation; a highly volatile security equates to large fluctuations in price, and a low volatile security equates to timid fluctuations in price. Volatility is an important statistical indicator used by financial traders to assist them in developing trading systems. Traders In finance, volatility refers to the amount of change in the rate of a financial instrument, such as commodities, currencies, stocks, over a given time period. Essentially, volatility describes the nature of an instrument’s fluctuation; a highly volatile security equates to large fluctuations in price, and a low volatile security equates to timid fluctuations in price. Volatility is an important statistical indicator used by financial traders to assist them in developing trading systems. Traders Read this Term in the aftermath helped kindle CLS’s latest figures, which has been the case for all other institutional venues during the month.
In terms of June 2016, CLS’s submitted average daily input volume, which combines its settlement and aggregation services, swelled to 1,163,083 during the month, up 20.0% MoM from a volume of just 969,061 in May 2016 – in addition, the latest tranche of statistics included a settlement service input of 868,868 (15.2% MoM) and an aggregation service input of 294,215 (37.1% MoM) in May 2016.
By extending the scope of the comparison to the previous year, CLS did however see weaker performances relative to its 2015 counterpart, with June 2016 having orchestrated a decline of -3.5% YoY from 1,205,525 as reported back in June 2015. Furthermore, its settlement service input and aggregation service input changed by a factor of -5.6% and 3.2% YoY respectively.
Lastly, CLS’ submitted average daily input value yielded just $5.19 trillion during June 2016, storming higher by a margin of 12.6% MoM from $4.61 trillion in May 2016. In addition to a MoM period, June 2016 also registered a growth of 3.0 YoY from $5.04 trillion back in June 2015.
CLS Group, a provider of risk mitigation and operational services, has reported its latest tranche of volumes and aggregation services statistics for June 2016 – the figures highlight an abrupt reversal off of the past few months, which had been in the middle of an unabated downward trajectory, according to a recent CLS statement.
While the 2016 calendar year has largely seen a downward trend in its settlement figures, June 2016 allayed any such path, sharply rebounding across the board after being sparked by the Brexit Brexit Brexit stands for British Exit, or in reference to the United Kingdom’s decision to formally leave the European Union (EU) as declared in a June 23, 2016 referendum. In a more immediate sense, a tight vote and unexpected result helped drive British pound (GBP) to lows that had not been seen in decades.The day following the referendum, former Prime Minister David Cameron resigned from office where he was replaced by Theresa May, who later resigned from office on June 7th, 2019. Active Prime Minis Brexit stands for British Exit, or in reference to the United Kingdom’s decision to formally leave the European Union (EU) as declared in a June 23, 2016 referendum. In a more immediate sense, a tight vote and unexpected result helped drive British pound (GBP) to lows that had not been seen in decades.The day following the referendum, former Prime Minister David Cameron resigned from office where he was replaced by Theresa May, who later resigned from office on June 7th, 2019. Active Prime Minis Read this Term vote. The unexpected decision of the vote, coupled with a tsunami of Volatility Volatility In finance, volatility refers to the amount of change in the rate of a financial instrument, such as commodities, currencies, stocks, over a given time period. Essentially, volatility describes the nature of an instrument’s fluctuation; a highly volatile security equates to large fluctuations in price, and a low volatile security equates to timid fluctuations in price. Volatility is an important statistical indicator used by financial traders to assist them in developing trading systems. Traders In finance, volatility refers to the amount of change in the rate of a financial instrument, such as commodities, currencies, stocks, over a given time period. Essentially, volatility describes the nature of an instrument’s fluctuation; a highly volatile security equates to large fluctuations in price, and a low volatile security equates to timid fluctuations in price. Volatility is an important statistical indicator used by financial traders to assist them in developing trading systems. Traders Read this Term in the aftermath helped kindle CLS’s latest figures, which has been the case for all other institutional venues during the month.
In terms of June 2016, CLS’s submitted average daily input volume, which combines its settlement and aggregation services, swelled to 1,163,083 during the month, up 20.0% MoM from a volume of just 969,061 in May 2016 – in addition, the latest tranche of statistics included a settlement service input of 868,868 (15.2% MoM) and an aggregation service input of 294,215 (37.1% MoM) in May 2016.
By extending the scope of the comparison to the previous year, CLS did however see weaker performances relative to its 2015 counterpart, with June 2016 having orchestrated a decline of -3.5% YoY from 1,205,525 as reported back in June 2015. Furthermore, its settlement service input and aggregation service input changed by a factor of -5.6% and 3.2% YoY respectively.
Lastly, CLS’ submitted average daily input value yielded just $5.19 trillion during June 2016, storming higher by a margin of 12.6% MoM from $4.61 trillion in May 2016. In addition to a MoM period, June 2016 also registered a growth of 3.0 YoY from $5.04 trillion back in June 2015.