The average daily traded volume submitted to CLS was $1.75 trillion in September, up 10.7% from $1.58 trillion in August 2017.
This increase is consistent with data that has already been reported by various FX platforms, which all showed a substantial increase in trading activity last month.
The ADV of swap activity submitted to CLS was $1.14 trillion in September, up 8% from August and up 16% compared to September 2016.
Spot ADV submitted to CLS was $510 billion last month, up 18% from August and up 15% year-on-year (YoY).
CLS reported an ADV of forward trades of $102 billion in September, up 6% from the previous month and up 13% YoY.