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CLS Data Confirms ADV Trends
CLS Group FX volumes have confirmed the trend established by those major platforms to report data by revealing that it handled $1.64 trillion per day in July 2018, down 13.7% from the previous month but up 2.6% year-on-year. Forwards volumes at $107 billion per day were actually up on June by just over 10%, however there were larger falls in spot ($416 billion from $498 billion) and swaps ($1.15 trillion from $1.3 trillion). Year-on-year, forwards and swaps volumes were up at CLS. However again spot volume was lower.

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