CLS FX trading activity March 2026

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Reports
2 min read
Date
21 April 2026
Publication

2.96USD trillion
Total daily traded volume submitted to CLS 
up 16.5% from March 2025


Lisa Danino-Lewis
Chief Growth Officer

 “In March 2026, we saw average daily traded volumes of USD2.96 trillion, an increase of 
16.5% compared to March 2025. Over the same period, we saw an increase in volumes 
across all instruments. The increase was 20.5% for FX spot, 18.6% for FX forwards, and 
14.9% for FX swaps"  

Average daily traded volume
submitted to CLS by product (USD trillion)*
March
2025
February
2026
March
2026
Forward 0.226 0.268 0.268
Swap 1.693 1.772 1.942
Spot 0.619 0.632 0.746
Total average daily traded volume submitted to CLS (USD trillion) 2.538 2.672 2.956

* 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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