Stats & Charts
Market Volume of Trading Using Ready, Willing, and Able (RWA)
The use of Ready, Willing, and Able letters has seen substantial growth over the past few years, reflecting their importance in high-value transactions. Here are some key statistics:
2019: $200 billion in global transactions utilized RWA letters.
2020: The volume increased to $250 billion, a 25% growth from the previous year.
2021: RWA usage surged to $320 billion, marking a 28% increase.
2022: The volume reached $400 billion, showing a continued upward trend with a 25% growth.
2023: Preliminary estimates suggest that RWA usage will exceed $480 billion, indicating robust demand and reliance on these financial instruments.
The use of Ready, Willing, and Able letters has seen substantial growth over the past few years, reflecting their importance in high-value transactions. Here are some key statistics:
2019: $200 billion in global transactions utilized RWA letters.
2020: The volume increased to $250 billion, a 25% growth from the previous year.
2021: RWA usage surged to $320 billion, marking a 28% increase.
2022: The volume reached $400 billion, showing a continued upward trend with a 25% growth.
2023: Preliminary estimates suggest that RWA usage will exceed $480 billion, indicating robust demand and reliance on these financial instruments.