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CLS Enters the Market Data Fray
Galen Stops takes a look at the new data service launched by CLS Group. In September, CLS announced the launch of its new data service, CLSData. Speaking to Profit & Loss at the time of the launch, the firm’s CEO, David Puth, explained that CLS was “now entering the data market space in a very comprehensive way”. Since its launch in 2002, CLS has recorded every single transaction submitted to it, and considering that an average daily volume (ADV) of over $1 trillion is processed by CLS each day, this represents a massive and rather unique data set.

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