Average daily input
value of trades submitted to CLS was $4.69 trillion in March, down 3.5%
compared to February.
This figure is also
down 8.9% from the $5.15 trillion that CLS recorded in March 2015.
Meanwhile the average
daily input volume submitted to CLS was 1,035,678 down 15.2% from 1,220,828 in
February and down 24.1% from the 1,336,042 recorded in March 2015.
It should be noted
that CLS counts both sides of an FX transaction for reporting purposes.
Additionally, CLS has made revisions to the average daily input value of
matched instructions published for January 2016, which changed from $4.84
trillion to $4.91 trillion, and February, which changed from $5 trillion to
CLS says that the data
released today accurately reflects this change and the system issue has now