FX settlement firm, CLS Bank, has reported lower trading volumes and transactions for October versus September s results. For October, CLS settled an average of $4.66 trillion/day in volume compared to $5.19 trillion in September. Total trades for the month were registered at 1,005,312, which was 9.9% lower than the previous month. October’s results were also below the Q3 average of $4.72 trillion in volume. (Of note, CLS Settlement data calculates figures from both parties of a trade, as … [visit site to read more]
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