CLS Bank, a provider of Foreign exchange settlement risk mitigation has announced August trading data. The firm saw trading activity drop in both segments, i.e. in terms of volumes and values data.
In the month of August, the average daily volume submitted to CLS, combining the settlement and aggregation services was 1,093,565, down 5.8% from 1,160,857 in July. The average daily value submitted to CLS was US$4.49 trillion, down 4.5% from US$4.70 trillion in July.
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