06.21.2024

CLS Settled Record $19.1tr of FX Instructions on 20 June

06.21.2024
FX Trading: What is the State of the Art?

CLS settled a record value of USD19.1 trillion of FX payment instructions on 20 June – a significant increase on the record of USD16.3 trillion, in December 2023. Contact us to find out more about CLSSettlement >> https://lnkd.in/dUn5FcX

The funding required to settle this amount is determined on a multilaterally netted basis and the total funding required was just USD72 billion, 0.38% of the gross value settled – demonstrating the essential role our organization plays in the FX ecosystem, and the major capital and liquidity savings we deliver for our clients and the wider FX ecosystem.

Source: CLS

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