Integral Sees 10.6% Monthly ADV Recovery in September


Integral reported on Tuesday the average daily volumes (ADV) of its customers came in at $51.2 billion for the month of September. The figure recovered significantly from the previous month, which is a general trend in the trading industry.

The reported figure went up by 10.6 percent month-over-month and 14 percent from the similar month of the previous year.

“The growth in volumes traded across Integral’s clients is testament to high-quality technology infrastructure that market participants are seeking out when conducting business in the foreign exchange, precious metals, and CFD markets,” the press release shared with Finance Magnates stated.

An Industry Trend

Other companies related to institutional forex also reported a significant jump in trading activities for the last month. FXSpotStream, which provides multi-bank foreign exchange aggregation services for forex instruments, reported a total volume of $1.6 trillion with an ADV of $73.4 billion, a monthly increase of 20.5 percent.

Integral is a forex trading technology company that was established in 1993. It primarily provides cloud-based SaaS FX workflow solutions and targets a broad range of buy-side forex market participants, including banks, brokers, asset managers, and hedge funds.

“Integral’s cloud-based SaaS FX workflow solutions have been designed to meet the trading needs of the widest variety of buy-side FX market participants, including banks, brokers, asset managers, and hedge funds,” the press release added.

The reported ADV of Integral combines the activities across all of its platforms, which include TrueFX, the spot trading venue offered by the company, and Integral OCX, which is the ECN service for institutions.

Meanwhile, Integral is strengthening its sales division as it hired Roland Schilling and Paul Spillman, both as Directors of Sales, Finance Magnates reported earlier.

Integral reported on Tuesday the average daily volumes (ADV) of its customers came in at $51.2 billion for the month of September. The figure recovered significantly from the previous month, which is a general trend in the trading industry.

The reported figure went up by 10.6 percent month-over-month and 14 percent from the similar month of the previous year.

“The growth in volumes traded across Integral’s clients is testament to high-quality technology infrastructure that market participants are seeking out when conducting business in the foreign exchange, precious metals, and CFD markets,” the press release shared with Finance Magnates stated.

An Industry Trend

Other companies related to institutional forex also reported a significant jump in trading activities for the last month. FXSpotStream, which provides multi-bank foreign exchange aggregation services for forex instruments, reported a total volume of $1.6 trillion with an ADV of $73.4 billion, a monthly increase of 20.5 percent.

Integral is a forex trading technology company that was established in 1993. It primarily provides cloud-based SaaS FX workflow solutions and targets a broad range of buy-side forex market participants, including banks, brokers, asset managers, and hedge funds.

“Integral’s cloud-based SaaS FX workflow solutions have been designed to meet the trading needs of the widest variety of buy-side FX market participants, including banks, brokers, asset managers, and hedge funds,” the press release added.

The reported ADV of Integral combines the activities across all of its platforms, which include TrueFX, the spot trading venue offered by the company, and Integral OCX, which is the ECN service for institutions.

Meanwhile, Integral is strengthening its sales division as it hired Roland Schilling and Paul Spillman, both as Directors of Sales, Finance Magnates reported earlier.



Source link

Related articles

Halliburton, Rhino Sources ship two wells in Orange Basin, offshore Namibia

Halliburton and Rhino Sources have delivered two exploration wells inside Petroleum Exploration License (PEL) 85 offshore Namibia, the businesses introduced this week. ...

‘Bitcoin Commonplace’ writer backs funding dev to make spamming Bitcoin pricey

Economist and writer of The Bitcoin Commonplace, Saifedean Ammous, has weighed in on the continued debate over spam inscriptions on the Bitcoin community, suggesting he would “throw in just a few sats” to fund...

Scalping Technique Secrets and techniques with The Final Fibonacci EA (Skilled Advisor) – Buying and selling Methods – 18 Could 2025

Scalping Technique Secrets and techniques utilizing the Final Fibonacci EA What's scalping? Scalping is an out and in buying and selling model....

Please, simply purchase some earbuds

The primary time I encountered somebody listening to their telephone out loud in public, it was on a metropolis bus and I used to be stunned for 2 causes. First, the amount stage...

Cease Putting in Your Thermostat Right here. It is Costing You Cash

Slashing your pesky power invoice throughout a sweltering summer season or bitter winter is likely to be simpler than you assume — and it may come all the way down to the place your thermostat...
spot_img

Latest articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

WP2Social Auto Publish Powered By : XYZScripts.com