Foreign exchange settlement system CLS has established a new record for the value of transactions processed in one day, soaring through the $10 trillion ceiling.
The latest figure was achieved on March 19 when CLS settled 1,113,464 payment instructions with a gross value of $10.3 trillion, smashing the previous record of 777,596 payments with a gross value of $8.75 trillion, which was set on December 19.
CLS says that through the month of March it was settling an average daily volume of more than 600,000 instructions, with a gross value of $5.3
Access intelligence that drives action
To unlock this research, enter your email to log in or enquire about access
