CLS sets record for settlement volumes

CLS Bank has established a new one-day settlement record, settling 1,733,262 sides on February 16, bettering the previous record of 1,544,166 settled on the quarterly International Monetary Market (IMM) date during the week of September 14, 2008 ('Lehman week'). The total value settled was $6,181 billion and total net funding was $44.8 billion.

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