CLS FX trading activity March 2025
2.54 USD trillion
Total daily traded volume submitted to CLS
up 20.3% from March 2024
Lisa Danino-Lewis
Chief Growth Officer
“In March 2025, we saw record average daily traded volumes of USD2.54 trillion, an increase of 20.3% compared to March 2024. Over the same period, we saw an increase in overall volumes across all instruments. FX forward volumes increased by 31.4%, FX spot volumes by 27.3% and FX swap volumes increased by 16.6%.”
Average daily traded volume submitted to CLS by product (USD trillion)* |
March 2024 |
February 2025 |
March 2025 |
---|---|---|---|
Forward | 0.172 | 0.204 | 0.226 |
Swap | 1.452 | 1.542 | 1.693 |
Spot | 0.487 | 0.556 | 0.619 |
Total average daily traded volume submitted to CLS (USD trillion) | 2.111 | 2.302 | 2.538 |
* 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.