CLS Group Sees Volumes Drop in October 2017, Up YoY
- CLS reported swaps volumes at $1.090 trillion in October 2017, down from $1.137 trillion in September 2017.
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 operational metrics for October 2017, which moved lower on a monthly basis as overall lower levels of FX trading activity weighed on executed trade volumes.
Average daily input value submitted to CLS, which combines the settlement and aggregation services totals, was down in October 2017 by 7.6 percent month-over-month at $1.616 trillion compared with $1.749 trillion reported back in September 2017. Across a yearly timetable, the figure reflected an 8.9 percent advance relative to October 2016’s figure of $1.484 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 $1.090 trillion in October 2017, down from $1.137 trillion in September 2017, or -4.1 percent month-over-month. However, the figure was higher by a factor of 12.7 percent year-over-year from $967 billion a year ago.
In terms of CLS’ spot FX volume, the group has reported the figure at $427.0 billion in October 2017, shedding 16.3 percent year-over-year relative to $510.0 billion in the month prior. The figure was also lower by 2.0 percent year-over-year from the $436.0 billion set back in October 2016.
The mixed performance was again pronounced across CLS forwards business which yielded a figure of $99 billion last month, down 2.9 percent month-over-month from $102 billion in September, but was reflective of a 22 percent increase year-over-year from $81 billion in October 2016.
Effective January 2017, CLS 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 operational metrics for October 2017, which moved lower on a monthly basis as overall lower levels of FX trading activity weighed on executed trade volumes.
Average daily input value submitted to CLS, which combines the settlement and aggregation services totals, was down in October 2017 by 7.6 percent month-over-month at $1.616 trillion compared with $1.749 trillion reported back in September 2017. Across a yearly timetable, the figure reflected an 8.9 percent advance relative to October 2016’s figure of $1.484 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 $1.090 trillion in October 2017, down from $1.137 trillion in September 2017, or -4.1 percent month-over-month. However, the figure was higher by a factor of 12.7 percent year-over-year from $967 billion a year ago.
In terms of CLS’ spot FX volume, the group has reported the figure at $427.0 billion in October 2017, shedding 16.3 percent year-over-year relative to $510.0 billion in the month prior. The figure was also lower by 2.0 percent year-over-year from the $436.0 billion set back in October 2016.
The mixed performance was again pronounced across CLS forwards business which yielded a figure of $99 billion last month, down 2.9 percent month-over-month from $102 billion in September, but was reflective of a 22 percent increase year-over-year from $81 billion in October 2016.
Effective January 2017, CLS 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.