“In September 2026, we saw average daily traded volumes of USD2.95 trillion, an increase of 12.3% compared to September 2025. Over the same period, we saw an increase in volumes across all instruments. The increase was 26.1% for FX spot, 17.6% for FX forwards and 7.5% for FX swaps.”
| Average daily traded volume submitted to CLS by product (USD trillion)* | September 2025 | August 2026 | September 2026 |
|---|---|---|---|
| Forward | 0.240 | 0.285 | 0.283 |
| Swap | 1.833 | 1.883 | 1.970 |
| Spot | 0.550 | 0.562 | 0.694 |
| Total average daily traded volume submitted to CLS (USD trillion) | 2.623 | 2.730 | 2.947 |
* 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.
