Unusual swift peak day on 23 January 2008 driven by volatility

On Wednesday 23 January 2008, traffic over SWIFTNet FIN hit a new peak with 16,327,668 messages. This represents an increase of 229,328 messages (1.4%) over the last peak day on 28 September 2007. The peak day was driven by volatility in the treasury and especially the securities markets. Strong securities trading translated into a new daily record of almost 7.2 million SWIFT FIN messages for securities and a daily record for CREST traffic.

This is the first peak day of 2008. It is unusual because peak days typically occur at the end of the month and we have not had a peak day in January for over 10 years. This year's traffic started strongly, with an average FIN traffic adjusted for business days of more than 15 million messages per day. This represents a growth of 24.66% for the first three weeks of January compared with the same period in 2007.

January, 25 th, 2009, Brussels, Belgium



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