CLS FX trading activity | December 2020
1.76 USD trillion
Total daily traded volume submitted to CLS
Down 1.3% compared to November 2020
Head of Information Services
“In December, total daily traded volumes were USD1.76 trillion, down 1.3% compared to November 2020. There was a slight increase in FX swap volumes of 2.3%, while FX spot and FX forward volumes experienced sharp declines of 9.3% and 9.2%, respectively.
“Compared to December 2019, FX spot, FX swap and FX forward volumes all increased significantly by 10.3%, 10.7% and 6.0%, respectively. The increase in FX spot volume was largely attributable to the higher volumes recorded for EUR/USD (+30%) and GBP/USD (+10%) over the same period. There was also a record year-on-year FX spot volume increase for USD/HUF of 92%. This coincided with positive news on Hungarian industrial output and a subsequent appreciation against USD.”
|Average daily traded volume
submitted to CLS by product (USD trillion)*
|December 2019||November 2020||December 2020|
|Total average daily traded volume submitted to CLS (USD trillion)||1.599||1.787||1.764|
* Due to rounding, numbers presented throughout the document may not add up precisely to the totals provided and percentages may not precisely reflect the exact figures.