July FX Volumes Beat 2025 Levels Across CLS, Cboe and CME

FX activity remained substantially above year-earlier levels across several parts of the institutional currency market in July. CLS reported a 14.7% year-on-year increase in average daily traded volume, after Cboe and CME also recorded higher FX activity for the month. CLS reported average daily traded volume of $2.658 trillion in July 2026, up from $ 2.317 trillion in July 2025. Cboe Global FX…