In brief, February 14, 2011
CLS volumes up in January
Central settlement provider CLS settled an average daily volume of 752,838 transactions in January, 5% higher than January 2010, according to its latest monthly figures. The data also revealed CLS Aggregation had aggregated a daily average of 135,710 instructions in January – the first time data has been released for the service. CLS Aggregation was launched in January 2010 to alleviate the processing burdens of participating banks by matching and compressing trades
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