FX news: CLS and EBS volumes
Following a record-breaker of a day after Thanksgiving, CLS settled a daily average of 882,669 instructions in November, up 9.6% from October, when it reported 805,002.
Average daily values settled in the month were slightly down at $4.33 trillion, compared with $4.51 trillion in October.
EBS settled $162.5 billion, a smidge up on October’s $160.6 billion and 24% higher than November 2009. All as expected after seeing volumes from Reuters and CME.