CLS Group Sees 11% Surge in FX Average Daily Traded Volume for September 2022

CLS Group, a US-based FX settlement provider, today disclosed an increase in overall volumes across all instruments over September 2022, with average daily traded volumes of USD2.04 trillion, rising 11% from USD1.83 trillion in the last same period.
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Specifically, FX spot and forward volumes grew 24% and 21% on a year basis to USD0.54 trillion, USD0.14 trillion respectively. Besides, FX swap volumes registered slight increase to USD1.36 trillion.
Last month, CLS Group reported its FX total daily traded volume of 1.77 USD trillion during August 2022, up 6% from 1.67 USD trillion in the last same period.
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