CLS FX trading activity February 2026
2.67USD trillion
Total daily traded volume submitted to CLS
up 16.1% from February 2025
Lisa Danino-Lewis
Chief Growth Officer
“In February 2026, we saw average daily traded volumes of USD2.67 trillion, an increase
of 16.1% compared to February 2025. Over the same period, we saw an increase in
volumes across all instruments. The increase was 31.4% for FX forwards, 14.9% for FX
swaps and 13.8% for FX spot."
| Average daily traded volume submitted to CLS by product (USD trillion)* |
February 2025 |
January 2026 |
February 2026 |
|---|---|---|---|
| Forward | 0.204 | 0.263 | 0.268 |
| Swap | 1.542 | 1.839 | 1.772 |
| Spot | 0.556 | 0.663 | 0.662 |
| Total average daily traded volume submitted to CLS (USD trillion) | 2.302 | 2.765 | 2.672 |
* 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.