Lisa Danino-Lewis | Chief Growth Officer, CLS:
“In July 2026, we saw average daily traded volumes of USD2.66 trillion, an increase of 14.7% compared to July 2025. Over the same period, we saw an increase in volumes across all instruments. The increase was 18% for FX forwards, 14.9% for FX swaps and 12.7% for FX spot."
| Average daily traded volume submitted to CLS by product (USD trillion)* | July 2025 | June 2026 | July 2026 |
|---|---|---|---|
| Forward | 0.200 | 0.263 | 0.236 |
| Swap | 1.581 | 1.919 | 1.817 |
| Spot | 0.536 | 0.643 | 0.605 |
| Total average daily traded volume submitted to CLS (USD trillion) | 2.317 | 2.825 | 2.658 |
Due to rounding, the numbers presented may not add up precisely to the totals provided and the percentages may not precisely reflect the exact figures.
