CLS FX trading activity July 2018

In July 2018:

  • The average daily traded volume submitted to CLS was USD1.638 trillion down 13.7 percent from USD1.899 trillion in June 2018*.

Average daily traded volume submitted to CLS by product (USD trillion)**

July 2017

June 2018

July 2018

Swap

1.042

1.303

1.115

Spot

0.453

0.498

0.416

Forward

0.101

0.097

0.107

Total average daily traded volume submitted to CLS (USD trillion)

1.596

1.899

1.638

Footnote:

* From January 2017, CLS altered the reporting methodology for the FX data it makes available on a monthly basis. The data provided is based on executed trade volumes submitted to CLS. It is adjusted to equate to the same reporting convention used by the Bank for International Settlements (BIS) and the foreign exchange committees’ semi-annual FX volume surveys. These surveys only report one side of any trade, and only one of the four legs of FX swap trades, to avoid double counting the total amount of trades.

** 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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