CLS sets record for daily settlements
The industry-owned settlement system settled 1,140,644 payment instructions, up from its previous record of 905,478, with a gross value of $6.5 trillion. The new record, following the Veterans' Day US public holiday (November 11), is the first time the volume of payment instructions settled in one day exceeded the milestone of 1 million.
To date in November, CLS Bank has settled an average volume of 492,000 instructions a day, with a gross value of $3.8 trillion.
Participation in CLS also
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