CLS Reports $1.94 Trillion Average Daily Traded Volume in February 2021

CLS Group, a US-based foreign exchange settlement provider, has published its operational metrics for February 2021, registering a slight growth in total daily traded volume compared to the previous month.

According to the official release, average daily traded volume came in at $1.94 trillion, up 0.9% compared to January 2021(1.92 trillion).

The company also recorded an increase of 3% in FX spot volumes and a minor decrease in FX swap volumes of 1%, while FX forward volumes increased noticeably by 20%. 

Compared to February 2020, FX spot volumes decreased by 5% while FX forward volumes and FX swap volumes rose significantly by 31% and 11%, respectively.

In particular, the company witnessed huge increases for USD/JPY and USD/CHF of 14% and 15%, respectively, compared to January 2021.

A month ago, Fazzaco reported the financial figures for January 2021​, showing a solid overall growth.