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CLS Datasets to Enhance FX Transparency

Written by Shanny Basar | Sep 2, 2021 9:49:33 AM

CLS, a market infrastructure delivering settlement, processing and data solutions, announces it is launching two new datasets to capture outstanding forward and swap positions in the FX market, in addition to making enhancements to its existing suite of alternative FX data products – CLSMarketData.

The new FX outright forward outstanding and FX swap outstanding datasets enable users to improve their analysis of both short- and longer-term FX market trends to provide insight into market dynamics. Outstanding forward and swap position reports will be introduced on a daily basis, helping all market participants benefit from increased visibility into cash flow and directional positioning which will add market color and support pre-and post-trade analysis. The datasets are segmented by market participant type and are available across short- and long-term tenors.

Keith Tippell, Global Head of Product, CLS, said: “We have launched FX Outstanding in response to growing demand from our client base for accessible and digestible FX market insights.”

CLS’s position at the center of the FX ecosystem enables us to capture a uniquely large and diverse amount of data, applying robust data science techniques to create FX alternative datasets that promote market transparency. As the largest single source of FX-executed data available to the market, CLS’s datasets derive from over 1 billion trades dating back to 2002.

To further support client needs and provide greater insight into FX market dynamics, CLS has also made the following enhancements to its existing datasets:

  • Added a dynamic delivery window for the FX Spot Flow dataset, aggregated every five minutes to meet growing demand for more frequent data delivery
  • Introduced a daily FX Forward Flow dataset to provide a complete end-of-day picture, complementing the existing Flow product suite
  • Incorporated new currency pairs in some datasets to meet demand from regional banks, particularly across Asia Pacific. The new currency pairs are AUD/CAD, AUD/CHF, CHF/JPY, EUR/NZD, EUR/SGD, NOK/SEK and NZD/JPY.

Source: CLS