More on CLS from The weeklyFiX
Just a week after it celebrated its fifth anniversary on September 9, settlement system CLS Bank announced that it had processed a new record volume and value of deals. On September 19, CLS settled 905,478 payment instructions, smashing the previous record of 877,312, with a gross value of $8.4 trillion. The previous record was $7.28 trillion. This was the first time that the volume and value of payment instructions settled in one day has exceeded the milestones of 900,000 and $8 trillion respectively.
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