CLS Group Shatters Five-Month Downtrend, Securing Strong Advance in January
- Following five months of declining volumes, CLS Group finally saw a rebound in its settlement and aggregation services in January.
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 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 since August 2015, according to a CLS statement.
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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 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 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.
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.
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 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 since August 2015, according to a CLS statement.
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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 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 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.
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.