FX volumes bounced back in 2009
GLOBAL – Average daily trading volumes settled through CLS jumped 30% from 502,538 in April to 653,991 in October, 2009.
Volumes of outright forwards grew 32.8% to 20,720, while spot trades increased 30.67% to 610,813. The sum of the average daily value settled totalled $3.608 trillion in October 2009, a marked improvement on $3.061 trillion in April 2009.
Meanwhile, CLS Bank said average daily volumes of payment instructions settled over the system in December reached 631,155, down 2.7% on the
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