CLS FX trading activity May 2026

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Reports
2 min read
Date
18 June 2026
Publication

2.53USD trillion
Total daily traded volume submitted to CLS 
up 12.1% from May 2025


Lisa Danino-Lewis
Chief Growth Officer

“In May 2026, we saw average daily traded volumes of USD2.53 trillion, an increase of 12.1% compared to May 2025. Over the same period, we saw an increase in volumes across all instruments. The increase was 13.2% for FX swaps, 11% for FX spot and 7% for FX forwards”

Average daily traded volume
submitted to CLS by product (USD trillion)*
May
2025
April
2026
May
2026
Forward 0.208 0.248 0.223
Swap 1.508 1.697 1.707
Spot 0.538 0.589 0.598
Total average daily traded volume submitted to CLS (USD trillion) 2.254 2.534 2.528

* 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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