CLS Bank Says Currency-Trading Settlement Value Rose in February

CLS Bank, the New York-based operator of the largest currency-trading settlement system, said it handled an average $4.68 trillion of trades a day last month, up from $4.24 trillion in January.

CLS said it settled an average 724,132 trading instructions per day in February, from 654,914 a month earlier, according to an e-mailed statement today.

To contact the reporter on this story: David Goodman in London at dgoodman28@bloomberg.net;

To contact the editor responsible for this story: Daniel Tilles at dtilles@bloomberg.net

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