CLS Group’s August Volumes Waiver on Low Volatility

CLS Group, a provider of risk mitigation and operational services, has released its latest tranche of volumes and aggregation services statistics for August 2016 – the figures were characterized by another consecutive monthly pullback, having relinquished all of its recent volumes gains, according to a recent CLS statement.

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Despite wavering volumes on the heels of a highly turbulent June, 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 referendum, the past two months have been mired in low 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, with CLS Group’s figures on par with other exchange venues worldwide.

Volumes Retreat Lower

In terms of August 2016 however, CLS’s submitted average daily input volume, which combines its settlement and aggregation services, pulled back to 883,368 during the month, retreating -15.9% MoM from a figure of 1,050,046 back in July 2016.

Additionally, the latest batch of statistics included a settlement service input of 667,698 in August 2016 (-15.9% MoM from 785,736 in July 2016) and an aggregation service input of 205,680 in August 2016 (-22.2% MoM from 264,310 July 2016).

Looking at CLS’ 2015 figures as a means of comparison, the latest volumes were lower across the board, having undergone a sizable decline of -28.8% YoY from 1,170,313 as reported back in August 2015. Moreover, its settlement service input and aggregation service input were changed by a factor of -24.8% and -23.5% YoY respectively.

Finally, CLS’ submitted average daily input value yielded $4.68 trillion during August 2016, virtually unchanged MoM from $4.69 trillion in July 2016. Relative to a YoY comparison, August 2016 did however register tepid growth of 1.1% YoY from $4.63 trillion back in August 2015.