CLS’s Sees Rebounding Volumes in April, Snapping Recent Downtrend
- CLS' trading volumes secured a healthy rebound in April, en route to one of its most promising months in 2016.
CLS Group, a provider of risk mitigation and operational services, has just released its volumes and aggregation services data for the April 2016, which showed a slight recovery off of last month’s double-digit losses, per a recent CLS statement.
The new world of Online Trading Online Trading Online trading represents the trading of fiat currencies, digital currencies, commodities, stocks and indices, where traders and investors intend to make a profit, via the purchase or sale of the aforementioned products. This is done through an electronic network, made accessible by brokers in the form of an online trading platform or hub.Online trading continues to see a rapid growth year on year, due to a number of reasons. Firstly, the number of brokers offering their services, with more mone Online trading represents the trading of fiat currencies, digital currencies, commodities, stocks and indices, where traders and investors intend to make a profit, via the purchase or sale of the aforementioned products. This is done through an electronic network, made accessible by brokers in the form of an online trading platform or hub.Online trading continues to see a rapid growth year on year, due to a number of reasons. Firstly, the number of brokers offering their services, with more mone Read this Term, Fintech Fintech Financial Technology (fintech) is defined as ay technology that is geared towards automating and enhancing the delivery and application of financial services. The origin of the term fintechs can be traced back to the 1990s where it was primarily used as a back-end system technology for renowned financial institutions. However, it has since grown outside the business sector with an increased focus upon consumer services.What Purpose Do Fintechs Serve?The main purpose of fintechs would be to suppl Financial Technology (fintech) is defined as ay technology that is geared towards automating and enhancing the delivery and application of financial services. The origin of the term fintechs can be traced back to the 1990s where it was primarily used as a back-end system technology for renowned financial institutions. However, it has since grown outside the business sector with an increased focus upon consumer services.What Purpose Do Fintechs Serve?The main purpose of fintechs would be to suppl Read this Term and marketing – register now for the Finance Magnates Tel Aviv Conference, June 29th 2016.
Volumes at CLS had been treading water in 2016 already, showing an uneven performance in Q1 2016. This trend was reinforced last month after the figures took another notable dive, which has thus far been unable to secure consecutive monthly grow margins amidst subdued trading across the overall industry.
In terms of April 2016, CLS’s submitted average daily input volume, which combines its settlement and aggregation services, registered 1,073,203 during the month, up a 3.6% MoM from a recorded volume of 1,035,678 back in March 2016 – this also included a settlement service input of 831,525 (2.8% MoM) and an aggregation service input of 241,678 (6.5% MoM) in April 2016.
Looking at the latest figures however, CLS once again could not capture the same volumes as its 2015 equivalent, which during April 2016 represented a decline of -10.2% YoY from 1,194,817 as reported back in April 2015.
Lastly, CLS’ submitted average daily input value yielded just $4.96 trillion during April 2016, moving higher by a margin of 5.8% MoM from $4.69 trillion in March 2016. In addition to a MoM timetable, April 2016 also bested its 2015 counterpart by 6.9% YoY, up from $4.64 trillion in April 2015.
CLS Group, a provider of risk mitigation and operational services, has just released its volumes and aggregation services data for the April 2016, which showed a slight recovery off of last month’s double-digit losses, per a recent CLS statement.
The new world of Online Trading Online Trading Online trading represents the trading of fiat currencies, digital currencies, commodities, stocks and indices, where traders and investors intend to make a profit, via the purchase or sale of the aforementioned products. This is done through an electronic network, made accessible by brokers in the form of an online trading platform or hub.Online trading continues to see a rapid growth year on year, due to a number of reasons. Firstly, the number of brokers offering their services, with more mone Online trading represents the trading of fiat currencies, digital currencies, commodities, stocks and indices, where traders and investors intend to make a profit, via the purchase or sale of the aforementioned products. This is done through an electronic network, made accessible by brokers in the form of an online trading platform or hub.Online trading continues to see a rapid growth year on year, due to a number of reasons. Firstly, the number of brokers offering their services, with more mone Read this Term, Fintech Fintech Financial Technology (fintech) is defined as ay technology that is geared towards automating and enhancing the delivery and application of financial services. The origin of the term fintechs can be traced back to the 1990s where it was primarily used as a back-end system technology for renowned financial institutions. However, it has since grown outside the business sector with an increased focus upon consumer services.What Purpose Do Fintechs Serve?The main purpose of fintechs would be to suppl Financial Technology (fintech) is defined as ay technology that is geared towards automating and enhancing the delivery and application of financial services. The origin of the term fintechs can be traced back to the 1990s where it was primarily used as a back-end system technology for renowned financial institutions. However, it has since grown outside the business sector with an increased focus upon consumer services.What Purpose Do Fintechs Serve?The main purpose of fintechs would be to suppl Read this Term and marketing – register now for the Finance Magnates Tel Aviv Conference, June 29th 2016.
Volumes at CLS had been treading water in 2016 already, showing an uneven performance in Q1 2016. This trend was reinforced last month after the figures took another notable dive, which has thus far been unable to secure consecutive monthly grow margins amidst subdued trading across the overall industry.
In terms of April 2016, CLS’s submitted average daily input volume, which combines its settlement and aggregation services, registered 1,073,203 during the month, up a 3.6% MoM from a recorded volume of 1,035,678 back in March 2016 – this also included a settlement service input of 831,525 (2.8% MoM) and an aggregation service input of 241,678 (6.5% MoM) in April 2016.
Looking at the latest figures however, CLS once again could not capture the same volumes as its 2015 equivalent, which during April 2016 represented a decline of -10.2% YoY from 1,194,817 as reported back in April 2015.
Lastly, CLS’ submitted average daily input value yielded just $4.96 trillion during April 2016, moving higher by a margin of 5.8% MoM from $4.69 trillion in March 2016. In addition to a MoM timetable, April 2016 also bested its 2015 counterpart by 6.9% YoY, up from $4.64 trillion in April 2015.