
CLS volumes slightly up in February
Swaps and forwards continue to show steady growth, but spot is down 23% on the year

CLS-settled foreign exchange volumes increased to $1.5 trillion on a single-count basis in February, up 2.7% since January, when the utility changed its methodology from reporting both sides of a transaction to the convention used by the Bank for International Settlements (BIS).
Previously, CLS reported the number of payment instructions or settlement input volumes it received on a given day for future settlement, which included both sides of any trade and the far leg of FX swaps – despite both
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact customer services - www.fx-markets.com/static/contact-us, or view our subscription options here: https://subscriptions.fx-markets.com/subscribe
You are currently unable to print this content. Please contact customer services - www.fx-markets.com/static/contact-us to find out more.
You are currently unable to copy this content. Please contact info@fx-markets.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@fx-markets.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@fx-markets.com