CLS Adds Forwards, Swaps, Datasets

CLS is launching two new datasets to capture outstanding forward and swap positions in the FX market, they will be part of an enhanced alternative FX data product set – CLS Market Data.

The new 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 colour and support pre-and post-trade analysis.

The datasets are segmented by market participant type and are available across short- and long-term tenors and have been launched, Keith Tippell, global head of product, CLS, says, in response to growing demand from its client base for accessible and digestible FX market insights.

“CLS’s position at the centre 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,” the firm says. “As the largest single source of FX-executed data available to the market, CLS’s datasets derive from over one billion trades dating back to 2002.”

Alongside the rollout of the new datasets, CLS has also added a dynamic delivery window for its FX Spot Flow dataset, aggregated every five minutes to meet growing demand for more frequent data delivery. Additionally it has introduced a daily FX forward flow dataset to provide a complete end-of-day picture, complementing the existing Flow product suite and 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.