CLS monthly data - July 2014

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2 min read
Date
7 August 2014
Publication

Monthly volumes and values, July 2014
Total input volumes1 and values



In July 2014:

  • The average daily volume submitted to CLS, combining the settlement and aggregation services, was 926,174 down 9.8% from 1,027,055 in June
  • The average daily value submitted to CLS was US$4.71 trillion down 13.7% from US$5.46 trillion in June

  July 2013 June 2014 July 2014
Average daily input volume of instructions submitted to CLS 1,160,857 1,027,055 926,174
CLS Settlement Service input 774,823 712,787 649,396
CLS Aggregation Service input 386,034 314,268 276,778
Average daily input value of matched instructions submitted to CLS (USD trillion) $4.70 $5.46 $4.71

Input volumes are the number of instructions received by CLS on a given day for future settlement. Input instructions are not necessarily settled during the month in which they were submitted.

Note: CLS reports both sides of an FX transaction. To adjust the average daily value data to equate to the same reporting convention used by the Bank for International Settlements and the semi-annual foreign exchange committee market reports, the gross values should be divided by two. 

In January 2013, CLS recalculated its monthly data, resulting in non-material changes to volume figures by an average of 0.5%. The data above reflects this calculation.

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