CLS Settlement Value Remains Above $5 Trillion During February

FX settlement instructions down very slightly compared to January at CLS

FX settlement company CLS held firm during February this year, with its value of trades having remained in excess of $5 trillion, congruent with its performance during the first month of the year.

Whilst total daily volumes among post-trade settlement firms tends to vary to a considerably lesser degree than that of brokerages, combined settlement and aggregation instructions amounted to 1,150,663 during February, representing a decrement from January’s total of 1,210,588

Whilst remaining relatively steadfast, average transaction value reduced by 2.7% to $5.15 trillion compared with $5.29 trillion in January.

For more on the global Forex industry see the LeapRate-Dow Jones Forex Industry Report.

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