CLS Group’s November Volumes See Double Digit Growth on Volatility

CLS Group, a provider of risk mitigation and operational services, has reported its latest batch of volumes and aggregation services statistics for the month ending November 2016 – the figures were highlighted by a healthy boost MoM, stimulated by Volatility Volatility In finance, volatility refers to the amount of change in the rate of a financial instrument, such as commodities, currencies, or stocks, over a given time period. Essentially, volatility describes the nature of an instrument’s fluctuation; a highly volatile security equates to large fluctuations in price, and a low volatile security equates to timid fluctuations in price. Volatility is an important statistical indicator used by financial traders to assist them in developing trading systems. Trad In finance, volatility refers to the amount of change in the rate of a financial instrument, such as commodities, currencies, or stocks, over a given time period. Essentially, volatility describes the nature of an instrument’s fluctuation; a highly volatile security equates to large fluctuations in price, and a low volatile security equates to timid fluctuations in price. Volatility is an important statistical indicator used by financial traders to assist them in developing trading systems. Trad Read this Term due to surprise electoral outcome in the United States, according to a recent CLS statement.

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November was dictated in large part by the US election, which featured one of the most turbulent trading days of the 2016 calendar year. As such, the surprise victory of Donald Trump contributed to the wide moves that followed in the days following the election itself, which resulted in most exchanges scoring yearly highs in its volumes.

Volumes on the Rise

In terms of November 2016 however, CLS’s submitted average daily input volume, which combines its Settlement Settlement Settlement in finance refers to the process when a buyer makes payment and receives the agreed-upon services or goods. The term is used on exchanges such as New York Stock Exchange (NYSE) when security changes hands. When the asset is transferred and placed in the new buyer's name, it is considered settled. This process could take a few hours or several days after a trade is made. It depends on the clearance process. In the United States, the settlement date for marketable stocks is usually 2 Settlement in finance refers to the process when a buyer makes payment and receives the agreed-upon services or goods. The term is used on exchanges such as New York Stock Exchange (NYSE) when security changes hands. When the asset is transferred and placed in the new buyer's name, it is considered settled. This process could take a few hours or several days after a trade is made. It depends on the clearance process. In the United States, the settlement date for marketable stocks is usually 2 Read this Term and aggregation services, pulled back to 1,167,833 during the month, climbing 14.9% MoM from a figure of 1,015,928 back in October 2016.

Furthermore, the latest batch of statistics included a settlement service input of 888,311 in November 2016 (up 13.4% MoM from 783,416 in October 2016) and an aggregation service input of 279,522 in November 2016 (up 20.2% MoM from 199,942 October 2016).

Looking at CLS’ 2015 figures as a means of comparison, the latest volumes were also much higher across the board, having undergone a sizable increase of 21.0% YoY from 964,810 as reported back in November 2015. Moreover, its settlement service input and aggregation service input were changed by a factor of 16.1% and 39.8% YoY respectively.

Finally, CLS’ submitted average daily input value yielded $4.99 trillion during November 2016, virtually unchanged MoM from $4.92 trillion in October 2016. Relative to a YoY comparison, November 2016 did however register a growth of 13.2% YoY from $4.41 trillion back in August 2015.