360T, Singapore Exchange, Soar to FX New Highs in Market

After a raft of record-breaking volume numbers from other platforms, 360T and Singapore Exchange have also released all-time high numbers, the former building upon its already-released spot record.

With LSEG FX and CLS – both of whom report data later in the month typically – still to report, it means with the exception of CME and EBS, who both established records around the turn of the first decade of this century, every venue has recorded a new high in March 2026.

360T has broken through the EUR 200 billion per day barrier for the first time, reporting average daily volume (ADV) of EUR 203.1 billion. This is up 11% from February and up an impressive 15.7% year-on-year. Earlier in the month, the platform reported record spot ADV of $48.9 billion and a new NDF high of $2.395 billion. Using a fixed exchange rate, The Full FX estimates that non-spot activity at 360T grew by 8.3% from February and by 11.9% year-on-year.

It was a similar picture for Singapore Exchange, which reports total monthly FX volumes in futures of 11,717, 411 contracts. This works out to average daily volume of 533,000 contracts per day, which is up 19.2% from February – which was itself a new high – and up a massive 70.4% year-on-year.

USD/CNH, SGX’s biggest FX contract, saw ADV of 290,390 contracts, this is up 28.2% from February and up 68.4% year-on-year. There was also good growth in the second largest contract – USD/INR – at 184.545 contracts per day, this is up 8.2% and 58.8% respectively. The largest growth, however, was reserved for KRW, which are smaller-sized contracts, here ADV was 48,470 contracts, up 25% from February, and up 134.2% year-on-year.