Saxo Bank's September Trading Volumes Shoot Higher than 50%
- The average daily volumes have increased by more than 44% to $14.6 billion, while the new paradigm on the foreign exchange market is delivering a broad based rebound in trading activity across the industry.
Saxo Bank's volumes during the month of September shot through the roof, rising by more than 51% in nominal terms to $321 billion when compared to the previous month - levels unseen since May 2013 in the heyday of the Japanese yen. The figure is also higher by 46% when compared to September last year.
As the FX Volatility Volatility In finance, volatility refers to the amount of change in the rate of a financial instrument, such as commodities, currencies, stocks, over a given time period. Essentially, volatility describes the nature of an instrument’s fluctuation; a highly volatile security equates to large fluctuations in price, and a low volatile security equates to timid fluctuations in price. Volatility is an important statistical indicator used by financial traders to assist them in developing trading systems. Traders In finance, volatility refers to the amount of change in the rate of a financial instrument, such as commodities, currencies, stocks, over a given time period. Essentially, volatility describes the nature of an instrument’s fluctuation; a highly volatile security equates to large fluctuations in price, and a low volatile security equates to timid fluctuations in price. Volatility is an important statistical indicator used by financial traders to assist them in developing trading systems. Traders Read this Term came back in full force after Mario Draghi dropped his monetary easing bomb, Scotland voted to remain in the UK and the Japanese economy tumbled into a tailspin after the sales tax hike in April.
The average daily volumes have increased by more than 44% to $14.6 billion, while the new paradigm on the foreign Exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv Read this Term market has delivered a broad-based rebound in trading activity.
Saxo Bank Monthly Trading Volumes
Saxo Bank is the first major retail trading venue to publish its official volume numbers after having seen strong growth on the institutional side of business with KCG Hotspot, ICAP plc's EBS and the CME Group all reporting dramatically higher activity in September.
Saxo Bank's volumes during the month of September shot through the roof, rising by more than 51% in nominal terms to $321 billion when compared to the previous month - levels unseen since May 2013 in the heyday of the Japanese yen. The figure is also higher by 46% when compared to September last year.
As the FX Volatility Volatility In finance, volatility refers to the amount of change in the rate of a financial instrument, such as commodities, currencies, stocks, over a given time period. Essentially, volatility describes the nature of an instrument’s fluctuation; a highly volatile security equates to large fluctuations in price, and a low volatile security equates to timid fluctuations in price. Volatility is an important statistical indicator used by financial traders to assist them in developing trading systems. Traders In finance, volatility refers to the amount of change in the rate of a financial instrument, such as commodities, currencies, stocks, over a given time period. Essentially, volatility describes the nature of an instrument’s fluctuation; a highly volatile security equates to large fluctuations in price, and a low volatile security equates to timid fluctuations in price. Volatility is an important statistical indicator used by financial traders to assist them in developing trading systems. Traders Read this Term came back in full force after Mario Draghi dropped his monetary easing bomb, Scotland voted to remain in the UK and the Japanese economy tumbled into a tailspin after the sales tax hike in April.
The average daily volumes have increased by more than 44% to $14.6 billion, while the new paradigm on the foreign Exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv Read this Term market has delivered a broad-based rebound in trading activity.
Saxo Bank Monthly Trading Volumes
Saxo Bank is the first major retail trading venue to publish its official volume numbers after having seen strong growth on the institutional side of business with KCG Hotspot, ICAP plc's EBS and the CME Group all reporting dramatically higher activity in September.