Danish multi-asset broker Saxo Bank has released today key metrics for the month of April 2015. The figures show that after an impressive comeback in March trading volumes returned to their downward movement in April.
The total monthly trading volume for Saxo Bank reached $222 billion in April 2015, down 11.2% from March’s figure of $250 billion. On a Year-to-Year comparison Saxo Bank does better, up slightly from $214 billion in April 2014.
The daily average trading volume in April 2015 was just $10.1 billion, down from $11.4 billion in March and even less than April 2014’s $10.2 billion.
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One bright spot for Saxo Bank is that their clients’ collateral deposits for trading kept increasing, reaching $11.31 in April 2015, the highest such figure since November 2014 and over $2 billion more than clients’ collateral deposits for April 2014.