CLS Group Reports Average Daily Traded Volume at USD1.67 Trillion for August

CLS Group, a US-based forex settlement services provider, has posted its reading volumes for August 2021, unveiling that the average daily traded volume rose by 1% from USD1.665 trillion in August 2020 to USD1.67 trillion. Whereas, the figure was down 4% compared with that of July 2021 at USD1.74 trillion.

Specifically, its FX forward and FX swap volumes were up 2% and 4% on a YoY basis, respectively, at USD0.079 trillion and USD1.233 trillion. However, FX spot volume fell by YoY 5% to USD0.367 trillion.

In August, CLS Group has published its monthly metrics for July​. According to the report, the total average daily traded volume submitted to CLS reached $1.74 trillion, an increase of 5% compared to July 2020. However, on a month-on-month basis, volumes were down 8.6%.