Integral Sees Decline in May Volume as Markets Normalizing
- The platform disclosed record figures for last March.
Integral, an institutional Trading Platform Trading Platform In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real Read this Term, announced on Tuesday a decline in monthly trading volume for May with a total of $32.6 billion.
This the second month the platform is recording a volume decline after posting record figures for March.
With last month’s figure the platform’s volume went down by 7.1 percent compared to April’s numbers, however, comparing with the same month last year, the trading platform is seeing a growth of 6.9 percent.
Integral clients include banks, brokers, and asset managers, and its volumes in March skyrocketed as the institutions jumped into the market with increased volatility triggered by the COVID-19 outbreak.
The volatility is gone from the market
For March, the platform posted $55.6 billion in volumes across all its platforms - that was a jump of 40 percent on a month scale and 43 percent when measured against the same period of the previous year.
The Silicon Vally-headquartered company also pointed out that the slumping numbers are primarily due to changing market conditions as the global markets are normalizing from the volatility.
Integral has recently made a push into the FX prime brokerage space with the launch of TrueFX, in partnership with Jefferies FXPB. Additionally, Russia’s largest lender Sberbank has partnered with Integral last week to extend its eFX Liquidity Liquidity The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent Read this Term distribution.
Notably, Integral is not the only platform reporting declining figures as it was not alone in shouting a record March.
Finance Magnates reported today that Nasdaq and Euronext reported a decline in its monthly volume for May while Cboe FX disclosed slightly higher figures for last month than April.
Integral, an institutional Trading Platform Trading Platform In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real Read this Term, announced on Tuesday a decline in monthly trading volume for May with a total of $32.6 billion.
This the second month the platform is recording a volume decline after posting record figures for March.
With last month’s figure the platform’s volume went down by 7.1 percent compared to April’s numbers, however, comparing with the same month last year, the trading platform is seeing a growth of 6.9 percent.
Integral clients include banks, brokers, and asset managers, and its volumes in March skyrocketed as the institutions jumped into the market with increased volatility triggered by the COVID-19 outbreak.
The volatility is gone from the market
For March, the platform posted $55.6 billion in volumes across all its platforms - that was a jump of 40 percent on a month scale and 43 percent when measured against the same period of the previous year.
The Silicon Vally-headquartered company also pointed out that the slumping numbers are primarily due to changing market conditions as the global markets are normalizing from the volatility.
Integral has recently made a push into the FX prime brokerage space with the launch of TrueFX, in partnership with Jefferies FXPB. Additionally, Russia’s largest lender Sberbank has partnered with Integral last week to extend its eFX Liquidity Liquidity The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent Read this Term distribution.
Notably, Integral is not the only platform reporting declining figures as it was not alone in shouting a record March.
Finance Magnates reported today that Nasdaq and Euronext reported a decline in its monthly volume for May while Cboe FX disclosed slightly higher figures for last month than April.