CLS Forex Volumes Rebound in June, Jump 5.1% MoM after a Forgettable May

CLS Group’s settlement and aggregation service has reported its fx trading volumes for the month of June, highlighted by a

clsCLS Group’s settlement and aggregation service has reported its Forex trading volumes for the month of June 2014, highlighted by a notable increase across the board and a nice rebound in the aftermath of downtrodden May figures, according to a CLS statement.

Average Daily Volumes (ADV) were reported in June 2014 at 1,027,055, which coalesced settlement and aggregation services and constituted a 5.1% jump MoM from 977,460 in May. By extension, this figure represents a decrease of -29.7% YoY from 1,460,584 in June 2013.

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Additionally, the average daily value of matched instructions submitted to the CLS Group was reported at $5.46 trillion for June 2014. While this does represent a 13.3% rise MoM from May ($4.82 trillion), this figure is also lower compared to its 2013 equivalent, revealing a -2.2% drop from $5.58 trillion in June 2013.

Additional information can be found using an excerpt from the CLS press release below:

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