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CLS FX trading activity October 2025
Reports
2 min read
Reports
2 min read
2.54 USD trillion
Total daily traded volume submitted to CLS
up 15.2% from October 2024
Lisa Danino-Lewis
Chief Growth Officer
“In October 2025, we saw average daily traded volumes of USD2.54 trillion, an increase of
15.2% compared to October 2024. Over the same period, we saw an increase in overall
volume across all instruments. FX forward volumes increased by 22.3%, FX swap volumes
by 15.7% and FX spot volumes by 11.1%.”
| Average daily traded volume submitted to CLS by product (USD trillion)* |
October 2024 |
September 2025 |
October 2025 |
|---|---|---|---|
| Forward | 0.182 | 0.240 | 0.223 |
| Swap | 1.518 | 1.833 | 1.756 |
| Spot | 0.504 | 0.550 | 0.560 |
| Total average daily traded volume submitted to CLS (USD trillion) | 2.204 | 2.623 | 2.539 |
* 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.