CLS Reports 6% YoY Rise in FX Average Daily Traded Volume for August 2022
Source: Chloe
CLS Group, a US-based foreign exchange settlement provider, has released its financial results for August 2022, unveiling that its FX total daily traded volume came in at 1.77 USD trillion, up 6% from 1.67 USD trillion in the last same period, but down 6% from 1.88 USD trillion in the prior month.
Over the same period, FX forward and spot volumes were up significantly on a year basis, by 49% and 17%. While FX swap volumes remained flat.
Last month, Fazzaco reported that CLS Group's monthly metrics for July 2022, showing an yearly increase in its total average daily traded volume.
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