CLS settled a record value of USD19.1 trillion of FX payment instructions on 20 June – a significant increase on the record of USD16.3 trillion, in December 2023. Contact us to find out more about CLSSettlement >> https://lnkd.in/dUn5FcX
The funding required to settle this amount is determined on a multilaterally netted basis and the total funding required was just USD72 billion, 0.38% of the gross value settled – demonstrating the essential role our organization plays in the FX ecosystem, and the major capital and liquidity savings we deliver for our clients and the wider FX ecosystem.
Source: CLS
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