February 17, 2014 BY Gerald Segal

CLS sees FX settlement volumes rise 9% in January to $5.29 trillion daily

Transaction numbers rising briskly by 20% The CLS settlement service has seen January FX volumes rebounding almost 9% from December 2013 with the average daily value of matched trading instructions submitted during last month coming out at $5.3 trillion which is up by 8.6% from 2013’s last month data totaling $4.87 trillion. That compares with…

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