ForexClear August 2024 highlights

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Summary

LCH ForexClear reached new clearing highs in August 2024, with records of US$501bn in FX options notional, breaking US$500bn in a single month for the first time, and US$106bn notional in client clearing – up 58% year-on-year and breaking US$100bn in a month for the first time. We also saw record US$2.9trn in NDF notional cleared, as market participants continue to see benefits from FX clearing. See our dashboard for more highlights.