Saxo Bank's Volumes Shed Another 10% in April
- Volumes at the leading Danish brokerage house are now the lowest since it launched its transparency program that made public the monthly figures back in the beginning of last year, 37% lower than a year ago.
Hailing from Denmark, the biggest online brokerage powerhouse in Europe, Saxo Bank has released its monthly volumes figures for April. After the decent spike that we observed in January, the trend reversal which started in February is still ongoing with the volume metrics number falling to $213 billion, which is about 10% lower than March figures.
The drop marks a record low since the company started publishing these numbers in the beginning of last year and a third straight month of declines. The spike up in January for now appears to be a one off event, as it is clear that only a major shift in sentiment could unlock 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 in major FX pairs which have been hovering in tight ranges for the past two weeks, marking the lowest implied volatility figures in years.
The amount of total clients' collateral deposits for trading has increased by a touch more than 2% to $9.08 billion, while the daily average figures have dropped to $10.2 billion, which is also the lowest on record. In a recent effort to further diversify its offerings the company has launched stock options trading, catering to the needs of retail investors which up until now have had to resort to mostly US-based trading platforms to make use of trading options.
Hailing from Denmark, the biggest online brokerage powerhouse in Europe, Saxo Bank has released its monthly volumes figures for April. After the decent spike that we observed in January, the trend reversal which started in February is still ongoing with the volume metrics number falling to $213 billion, which is about 10% lower than March figures.
The drop marks a record low since the company started publishing these numbers in the beginning of last year and a third straight month of declines. The spike up in January for now appears to be a one off event, as it is clear that only a major shift in sentiment could unlock 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 in major FX pairs which have been hovering in tight ranges for the past two weeks, marking the lowest implied volatility figures in years.
The amount of total clients' collateral deposits for trading has increased by a touch more than 2% to $9.08 billion, while the daily average figures have dropped to $10.2 billion, which is also the lowest on record. In a recent effort to further diversify its offerings the company has launched stock options trading, catering to the needs of retail investors which up until now have had to resort to mostly US-based trading platforms to make use of trading options.