CLS Group, a provider of risk mitigation and operational services, has released its latest tranche of volumes and aggregation services statistics for August 2016 – the figures were characterized by another consecutive monthly pullback, having relinquished all of its recent volumes gains, according to a recent CLS statement.
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Despite wavering volumes on the heels of a highly turbulent June, sparked by the Brexit referendum, the past two months have been mired in low Volatility , with CLS Group’s figures on par with other exchange venues worldwide.
Volumes Retreat Lower
In terms of August 2016 however, CLS’s submitted average daily input volume, which combines its settlement and aggregation services, pulled back to 883,368 during the month, retreating -15.9% MoM from a figure of 1,050,046 back in July 2016.
Additionally, the latest batch of statistics included a settlement service input of 667,698 in August 2016 (-15.9% MoM from 785,736 in July 2016) and an aggregation service input of 205,680 in August 2016 (-22.2% MoM from 264,310 July 2016).
Looking at CLS’ 2015 figures as a means of comparison, the latest volumes were lower across the board, having undergone a sizable decline of -28.8% YoY from 1,170,313 as reported back in August 2015. Moreover, its settlement service input and aggregation service input were changed by a factor of -24.8% and -23.5% YoY respectively.
Finally, CLS’ submitted average daily input value yielded $4.68 trillion during August 2016, virtually unchanged MoM from $4.69 trillion in July 2016. Relative to a YoY comparison, August 2016 did however register tepid growth of 1.1% YoY from $4.63 trillion back in August 2015.
