Integral, a technology provider to the forex trading industry players, has published its monthly trading metrics for September on Friday. The company reported an average daily volume of $44.9 billion for the month, which was generated across all Integral platforms.
Integral is witnessing a jump in trading volume after its monthly activities took a hit in the summer months. The ADV for September climbed by 1.6 percent when compared to the numbers generated in the previous month.
On a yearly basis, the latest increase in trading activities was more significant as it climbed 9.5 percent from September 2020.
While the monthly figures have remained volatile for the past few months, the platform maintained a significant jump in activities year-over-year. Additionally, in August, the monthly ADV dropped by 0.5 percent from the previous month, but climbed 11 percent year-over-year.
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A Major Player in FX Market
Integral was established in 1993 and has become one of the leading financial technology providers in the world. The company offers innovative technology solutions to different financial firms, including banks, brokers and asset management companies.
It operates globally with brands like TrueFX, the spot trading venue offered by the company and Integral OCX, ECN services for institutions. The ADV was calculated aggregating the entire liquidity network of the company, including TrueFX and Integral OCX.
“Integral’s global trading network has been designed to meet the execution needs of the widest variety of FX market participants, including banks, brokers, asset managers and hedge funds,” the announcement added. “Our clients leverage the deep and diverse FX liquidity available through our platforms and have the choice to trade any execution-style required, all within an integrated environment. For more information visit integral.com.”