News  In brief

CLS volumes stabilise

CLS Bank reported a slowdown of activity in November after record September and October volumes, which were sparked by the collapse of US investment bank Lehman Brothers.

Average daily volumes for November reached 588,416, with an average daily value of $3.25 trillion. The volumes are down on October and September volumes, which reached 727,934 and 701,608, respectively, but are higher than the August average of 533,970 (FX Week, November 10).

CME and EBS volumes drop in

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