Tag: Spot

Spot

CLS Volumes Flat in August

Average daily volume (ADV) submitted to CLS was $1.58 trillion in August, down 1% from July.

CLS recorded an ADV of $1.05 trillion in swaps in August, up from $1.04 trillion the previous month.

Spot ADV submitted to CLS in July was $433 billion, down marginally from the $453 billion recorded in July.

The ADV of forwards products submitted to CLS last month was $96 billion, down from $101 billion in July.

Despite this month-on-month decrease, CLS volumes were up 14.8% year-on-year.

CLS Volumes Dip Slightly in July

The average daily volume (ADV) submitted to CLS was $1.6 trillion in July, down 2% month-on-month, but up 11.9% year-on-year.

CLS recorded an ADV of $1.04 trillion in swaps in July, down from $1.08 trillion the previous month.

Spot ADV submitted to CLS in July was $453 billion, basically flat from the $455 billion recorded in June.

The ADV of forwards products submitted to CLS last month was $101 billion, down from $108 billion in June.

However, year-on-year, forwards ADV in July was up 46%, while spot ADV was up 13.9%. By contrast, the spot ADV submitted to CLS in July 2016 was $446 billion, only 1.6% less than July 2017.

CLS Volumes Up in June

The average daily volume (ADV) of trades submitted to CLS was $1.64 trillion in June, up 6% from $1.55 trillion in May, and up 1.64% year-on-year.

The main driver of this growth appears to have been an increase in swaps and forward activity. Swaps accounted for $1.08 trillion of the ADV submitted to CLS in June, up 9.3% month-on-month and 7.5% year-on-year.

The ADV of $108 billion in FX forwards in June represented a 3.8% increase from the previous month and a 20% growth from June 2016, when an ADV of $90 billion was recorded.

CLS Volumes Tick Up in May

The average daily traded volume submitted to CLS was $1.55 trillion in May, up 2% from the previous month and up 10% year-on-year.

The CLS data shows FX spot ADV of $454 billion in May, up 4.4% compared to April and up 4.8% from May 2016.

Swap ADV, meanwhile, was $989 billion in May, which was flat on the previous month, but up 9% in comparison to the same month last year.

Although by far still the smallest product segment submitted to CLS in terms of ADV, FX forwards saw the biggest month-on-month and year-on-year increases in May.

CLS Data Shows Dip in FX Volumes

The average daily volume (ADV) submitted to CLS in April was $1.52 trillion, down 5% from the ADV of $1.6 trillion that it reported in March.

The ADV of spot FX trades submitted to CLS was $435 billion in April 2017, down 5.8% month-on-month and down 8% year-on-year.

The ADV of swaps trades submitted to CLS was $988 billion in April, down 4.9% from the previous month, but up 1.2% compared to April 2016.

Similarly, the ADV of forwards trades submitted to CLS was down month-on-month, but up year-on-year. CLS reported an ADV of $93 billion for forwards products in April, down 2.1% from March, but up 24% compared to April 2016.

CLS Volumes Up for March

The average daily traded volume (ADV) submitted to CLS was $1.6 trillion in March, up 6.7% from February. This figure also represents a 9.6% increase from the $1.46 trillion ADV recorded for the same period a year ago.

At $462 billion in ADV, spot volumes were up 8.1% month-on-month, but down 1.3% year-on-year for March.

In contrast, swap volumes in March reached $1.04 trillion ADV, a 14% increase from the year before and a 6.2% increase from February.

Meanwhile forward volumes, at an ADV of $95 billion, were up 3.3% month-on-month and up 17.3% year-on-year, in March.