CLS launches FX forecasting tool

The new data product will give market participants indications of future price moves, based on CLS historical data

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Alan Marquard: we are ideally placed to provide comprehensive and accurate data insights to market participants

Market infrastructure provider CLS is launching a data product designed to help clients improve their execution with the aid of new, forward-looking foreign exchange forecast reports.

The FX forecast tool gives participants a comprehensive view of expected prices in the market, helping clients to satisfy best execution requirements, as well as optimising the timing of executions.

Subscribers to the report will receive hourly updates on executed trade volumes in eight currency pairs, delivered

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