Lisa Danino-Lewis | Chief Growth Officer, CLS said:
“In August 2026, we saw average daily traded volumes of USD2.73 trillion, an increase of 15.4% compared to August 2025. Over the same period, we saw an increase in volumes across all instruments. The increase was 28.3% for FX forwards, 15.7% for FX swaps and 8.8% for FX spot.”
| Average daily traded volume submitted to CLS by product (USD trillion)* | August 2025 | July 2026 | August 2026 |
|---|---|---|---|
| Forward | 0.222 | 0.236 | 0.285 |
| Swap | 1.627 | 1.817 | 1.883 |
| Spot | 0.517 | 0.605 | 0.562 |
| Total average daily traded volume submitted to CLS (USD trillion) | 2.366 | 2.658 | 2.730 |
* 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.
