CLS FX trading activity February 2026

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Reports
2 min read
Date
13 March 2026
Publication

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.

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