FX Markets

CLS reports record number of one-day payment instructions

NEWS

On January 16, CLS settled 705,582 payment instructions, with a total value of $5.22 trillion. The lack of trading in the US the preceding day, owing to the Martin Luther King Holiday, contributed to the high volume of trades.

The previous highest number of trades settled over the platform was 529,318, established as recently as December 20. (FX Week, January 1).

The average number of settled transactions per day throughout December was 289,999, with a gross value of more than $3.3 trillion.

CLS

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