CLS Group Reports Solid Trading Volumes for June 2017
- The positive performance was pronounced across CLS forwards business which yielded a figure of $108 billion last month.
CLS Group, a leading provider of risk mitigation and operational services for foreign 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 dealers and institutions, today reported its trading metrics for June 2017, which showed slight improvements both monthly and yearly.
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Average daily input value submitted to CLS, which combines the settlement and aggregation services totals, was up in June 2017 by 5.8 percent MoM at $1.64 trillion compared with $1.55 trillion reported back in May 2017. Across a yearly timetable, the figure reflected a 1.9 percent advance relative to June 2016’s figure of $1.61 trillion.
CLS reported Swaps Swaps Swaps can be defined as a derivate contact composed of two parties that exchange to cash flow between two separate financial instruments.They are generally divided into two categories. This includes contingent claims (options) and forward claims, where forward contracts, swaps, and exchange-traded funds (ETFs) are exchanged. Commodity price, equity price, interest rate, and foreign exchange rate are common variables used as one of the cash flows in swaps upon initiation. Different Types of Swaps Swaps can be defined as a derivate contact composed of two parties that exchange to cash flow between two separate financial instruments.They are generally divided into two categories. This includes contingent claims (options) and forward claims, where forward contracts, swaps, and exchange-traded funds (ETFs) are exchanged. Commodity price, equity price, interest rate, and foreign exchange rate are common variables used as one of the cash flows in swaps upon initiation. Different Types of Swaps Read this Term volumes at $1.081 trillion in June 2017, up from $989 billion in May 2017, or 9.3 percent MoM. The figure was also higher by a factor of 7.5 percent YoY.
In terms of CLS’ spot FX volume, the group has reported the figure at $455.0 billion in June 2017, almost unchanged from $454.0 billion in the month prior. However, the figure saw a 12.0 percent drop YoY from the $517.0 billion set back in June 2016.
The positive performance was again pronounced across CLS forwards business which yielded a figure of $108 billion last month, gaining 3.9 percent MoM from $104 billion in May, and was also reflective of a 20 increase YoY from $90 billion in June 2016.
Effective January 2017, CLS has shifted its reporting methodology for FX data. The figures are now reported based on one side of FX transactions and only one of the four legs of FX swap trades, in line with BIS standards and Foreign Exchange Committee market reports, and thus it avoids double counting the total amount of trades.
CLS Group, a leading provider of risk mitigation and operational services for foreign 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 dealers and institutions, today reported its trading metrics for June 2017, which showed slight improvements both monthly and yearly.
The London Summit 2017 is coming, get involved!
Average daily input value submitted to CLS, which combines the settlement and aggregation services totals, was up in June 2017 by 5.8 percent MoM at $1.64 trillion compared with $1.55 trillion reported back in May 2017. Across a yearly timetable, the figure reflected a 1.9 percent advance relative to June 2016’s figure of $1.61 trillion.
CLS reported Swaps Swaps Swaps can be defined as a derivate contact composed of two parties that exchange to cash flow between two separate financial instruments.They are generally divided into two categories. This includes contingent claims (options) and forward claims, where forward contracts, swaps, and exchange-traded funds (ETFs) are exchanged. Commodity price, equity price, interest rate, and foreign exchange rate are common variables used as one of the cash flows in swaps upon initiation. Different Types of Swaps Swaps can be defined as a derivate contact composed of two parties that exchange to cash flow between two separate financial instruments.They are generally divided into two categories. This includes contingent claims (options) and forward claims, where forward contracts, swaps, and exchange-traded funds (ETFs) are exchanged. Commodity price, equity price, interest rate, and foreign exchange rate are common variables used as one of the cash flows in swaps upon initiation. Different Types of Swaps Read this Term volumes at $1.081 trillion in June 2017, up from $989 billion in May 2017, or 9.3 percent MoM. The figure was also higher by a factor of 7.5 percent YoY.
In terms of CLS’ spot FX volume, the group has reported the figure at $455.0 billion in June 2017, almost unchanged from $454.0 billion in the month prior. However, the figure saw a 12.0 percent drop YoY from the $517.0 billion set back in June 2016.
The positive performance was again pronounced across CLS forwards business which yielded a figure of $108 billion last month, gaining 3.9 percent MoM from $104 billion in May, and was also reflective of a 20 increase YoY from $90 billion in June 2016.
Effective January 2017, CLS has shifted its reporting methodology for FX data. The figures are now reported based on one side of FX transactions and only one of the four legs of FX swap trades, in line with BIS standards and Foreign Exchange Committee market reports, and thus it avoids double counting the total amount of trades.