CLS Group, a provider of risk mitigation and operational services, has released its volumes and aggregation services data for January 2016, looking to reverse a recurring downtrend that has afflicted the exchange since August 2015, according to a CLS statement.
For those looking for a staunch reversal in 2016 however, January 2016 proved to be an adequate panacea to an otherwise uninspiring H2 2015. The average daily input volume submitted to CLS, combining the settlement and aggregation services, came in at 1,249,226, up by a sizable 29.9% MoM from 961,698 in December 2015. This included a settlement service input of 986,086 and an aggregation service input of 263,140 in January 2016.
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However, as has been the case for the majority of 2015 and now into January, over a yearly timeframe, CLS’ volumes were lower, corresponding to a fall of -12.0% YoY from 1,419,369 in January 2015.
In addition, the average daily input value submitted to CLS in January 2016 yielded $4.84 trillion, justifying another strong area of growth for the month after rising 8.3% MoM from just $4.47 trillion in December 2015. Ultimately however, this figure was pared by its 2015 equivalent, having seen another YoY retreat of -8.9% from $5.31 trillion in January 2015.