CLS Group, a provider of risk mitigation and operational services, has reported its latest batch of volumes and aggregation services statistics for July 2016 – the figures underscored a slight pullback MoM, having pared some of its recent gains en route to a continued downward trajectory in H2, according to a recent CLS statement.
The latest figures followed after a highly volatile June 2016, which was affected by the Brexit referendum and its aftermath, ultimately sparking volumes not only at CLS Group but across currency markets worldwide.
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In terms of July 2016 however, CLS’s submitted average daily input volume, which combines its settlement and aggregation services, pulled back to 1,050,046 during the month, down -9.7% MoM from a posting of 1,163,083 in June 2016. Moreover, the latest tranche of statistics included a settlement service input of 785,736 (-9.6% MoM) and an aggregation service input of 264,310 (-10.2% MoM) in June 2016.
Looking at 2015 as a counterpoint, CLS’s volumes firmed up slightly, with July 2016 having yielded a tepid decline of -1.7% YoY from 1,068,730 as reported back in July 2015. In addition, its settlement service input and aggregation service input changed by a factor of -4.9% and 9.0% YoY respectively.
Finally, CLS’ submitted average daily input value yielded just $4.69 trillion during July 2016, declining by a factor of -9.6% MoM from $5.19 trillion in June 2016. Relative to a YoY period, July 2016 also registered a growth of 3.8% YoY from $4.52 trillion back in July 2015.