CLS settled volumes rise 11% in September
Spot, forwards and swap volumes picked up pace compared with August and September last year
Total foreign exchange volumes settled by CLS saw healthy growth in September, rising to $1.75 trillion – up 10.7% from the previous month and 15.5% from the same month last year. Each instrument settled by the utility registered growth both on a monthly and yearly basis.
CLS changed its reporting methodology in January, switching to a single-count basis. Previously, it reported the number of payment instructions or settlement input volumes it received on a given day for future settlement by
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