Integral Ends June with a 5.2% MoM ADV Increase

by Arnab Shome
  • The figure declined by almost 4 percent year-over-year.
  • Other forex trading platforms posted a recovery in June’s trading activities.
Integral
Integral

Integral released the trading metrics for June, reporting a monthly recovery in forex trading demand. The average daily volume (ADV) of customers trading forex instruments across all Integral platforms came in at $49 billion.

There was a 5.2 percent jump in the ADV on a monthly basis. However, the demand went the other way when compared year-over-year. It decreased by 3.9 percent from the figures reported in June 2021.

Integral, which offers technology to forex trading platforms, was established in 1993. It offers 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.

“Clients leverage the deep and diverse FX liquidity available through our platforms within an integrated environment,” the company stated.

The reported ADV represents trading activities across all Integral's platforms, which includes TrueFX, the spot trading venue offered by the company, and Integral OCX, which is the ECN service for institutions.

“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,” added Integral.

Growing FX Trading Market

Except for Cboe, where institutional spot forex trading remained flat in June, forex trading demand recovered last month. FXSpotStream, a provider of multi-bank foreign exchange aggregation platforms, reported an excellent month as ADV surpassed $63.8 billion, making it the second-best month in the platform’s operational history.

On the retail trading front too, forex trading demand took off. Saxo Bank, with operations in Europe and APAC, reported a 44 percent year-over-year jump in forex trading activities.

Meanwhile, Integral is strengthening its technology offering in Asia as the company started to offer IntegralFX services from Singapore’s SG1 data center, which began earlier this year.

Integral released the trading metrics for June, reporting a monthly recovery in forex trading demand. The average daily volume (ADV) of customers trading forex instruments across all Integral platforms came in at $49 billion.

There was a 5.2 percent jump in the ADV on a monthly basis. However, the demand went the other way when compared year-over-year. It decreased by 3.9 percent from the figures reported in June 2021.

Integral, which offers technology to forex trading platforms, was established in 1993. It offers 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.

“Clients leverage the deep and diverse FX liquidity available through our platforms within an integrated environment,” the company stated.

The reported ADV represents trading activities across all Integral's platforms, which includes TrueFX, the spot trading venue offered by the company, and Integral OCX, which is the ECN service for institutions.

“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,” added Integral.

Growing FX Trading Market

Except for Cboe, where institutional spot forex trading remained flat in June, forex trading demand recovered last month. FXSpotStream, a provider of multi-bank foreign exchange aggregation platforms, reported an excellent month as ADV surpassed $63.8 billion, making it the second-best month in the platform’s operational history.

On the retail trading front too, forex trading demand took off. Saxo Bank, with operations in Europe and APAC, reported a 44 percent year-over-year jump in forex trading activities.

Meanwhile, Integral is strengthening its technology offering in Asia as the company started to offer IntegralFX services from Singapore’s SG1 data center, which began earlier this year.

About the Author: Arnab Shome
Arnab Shome
  • 6258 Articles
  • 79 Followers
About the Author: Arnab Shome
Arnab is an electronics engineer-turned-financial editor. He entered the industry covering the cryptocurrency market for Finance Magnates and later expanded his reach to forex as well. He is passionate about the changing regulatory landscape on financial markets and keenly follows the disruptions in the industry with new-age technologies.
  • 6258 Articles
  • 79 Followers

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