CLS Group’s FX Volumes Advance in March on Higher Volatility
- CLS's FX volumes were noticeably higher in March, attributed largely to higher trading volatility.
CLS Group, a provider of risk mitigation and operational services, has released its latest volumes and aggregation services statistics for the month ending March 2017 – volumes were higher across the board in the FX space, with CLS registering a jump in 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, forwards, and spot volumes.
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In terms of March 2017, CLS’s submitted average daily input volume, which combines its settlement and aggregation services, rose to $1.6 trillion during the month, climbing 6.7 percent month-over-month from a figure of $1.5 trillion set back in February 2017. Overall, this also compared favorably to March 2016, justifying a year-over-year boost of 9.6 percent from $1.46 trillion.
Moreover, the latest batch of statistics included a swaps figure of $1.04 trillion in March 2017, rising against $987.0 billion in February 2017, or 1.7 percent month-over-month – the increase was more pronounced on a year-over-year basis (10.6 percent), vs. $908.0 billion in March 2016.
Looking at CLS’ spot FX volume, the group reported $462.0 billion in March 2016, compared to $427.0 billion in February 2017, or 8.2 percent month-over-month. This advance was stifled year-over-year, unable to advance from $468.0 billion in March 2016.
Finally, CLS’ forwards came in at $9.5 billion in March 2017, reflective of a month-over-month growth of 3.3 percent from $9.2 billion in February 2017 – forwards also advanced by a much broader margin compared to March 2016, climbing 17.3 percent year-over-year from $8.1 billion.
March 2016 was dictated by an uptick in 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 across FX markets, helped by the US Federal Reserve. A rare rate hike managed to shock markets out of a narrow consolidation seen this past February.
CLS Group, a provider of risk mitigation and operational services, has released its latest volumes and aggregation services statistics for the month ending March 2017 – volumes were higher across the board in the FX space, with CLS registering a jump in 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, forwards, and spot volumes.
The London Summit 2017 is coming, get involved!
In terms of March 2017, CLS’s submitted average daily input volume, which combines its settlement and aggregation services, rose to $1.6 trillion during the month, climbing 6.7 percent month-over-month from a figure of $1.5 trillion set back in February 2017. Overall, this also compared favorably to March 2016, justifying a year-over-year boost of 9.6 percent from $1.46 trillion.
Moreover, the latest batch of statistics included a swaps figure of $1.04 trillion in March 2017, rising against $987.0 billion in February 2017, or 1.7 percent month-over-month – the increase was more pronounced on a year-over-year basis (10.6 percent), vs. $908.0 billion in March 2016.
Looking at CLS’ spot FX volume, the group reported $462.0 billion in March 2016, compared to $427.0 billion in February 2017, or 8.2 percent month-over-month. This advance was stifled year-over-year, unable to advance from $468.0 billion in March 2016.
Finally, CLS’ forwards came in at $9.5 billion in March 2017, reflective of a month-over-month growth of 3.3 percent from $9.2 billion in February 2017 – forwards also advanced by a much broader margin compared to March 2016, climbing 17.3 percent year-over-year from $8.1 billion.
March 2016 was dictated by an uptick in 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 across FX markets, helped by the US Federal Reserve. A rare rate hike managed to shock markets out of a narrow consolidation seen this past February.