Volumes Fall MoM in January, Ending 5-Month Streak for Integral

by Celeste Skinner
  • However, January’s volumes did achieve a slight increase year-on-year.
Volumes Fall MoM in January, Ending 5-Month Streak for Integral
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Integral, an institutional platform trading provider, announced its average daily volumes across its platforms for the first month of 2019 earlier this week. According to the results, the firm managed to achieve an ever-so-slight year-on-year increase.

Integral calculates its trading volumes by examining all of its different platforms – BankFX, MarginFX, InvestorFX, and Integral MTF. Trading is done in all markets, including spot, forwards and swaps.

During the month of January, the combined average daily volumes for Integral platforms was $34.7 billion. While this is up when compared to the same period last year, the increase is only small at one percent.

However, when measuring this figure against the previous month, which reported that $38.7 billion was traded on average per day, this is down by around 10 percent. December’s figure was also up by one percent month-on-month.

Integral volumes streak ends in January

In fact, since August of 2018, Integral has reported a consistent month-on-month increase in the average trading volumes, with January being the first to break the chain in five months.

Commenting on the results, Harpal Sandhu, the Chief Executive Officer of Integral said: “We’re committed to supporting our customers as they continue to capture share in their very competitive markets. Integral’s leading-edge technology gives our customers an advantage that they are successfully leveraging.”

OCX (Open Currency Exchange) is Integral’s trading platform. It is cross-connected with more than 250 Liquidity sources, which supply more than 3,000 market making streams via data centers in financial hubs Tokyo, London, and New York. OCX’s market design delivers Execution performance by combining resting limit orders, market-making streams, and midpoint interest in a single venue.

“No other platform reaches as many, as varied, and as comprehensive a set of FX products and participants as Integral OCXTM. Banks, brokers, and asset managers now share direct access to OCX and use this unique liquidity to win market share from their competitors,” the company added.

Integral, an institutional platform trading provider, announced its average daily volumes across its platforms for the first month of 2019 earlier this week. According to the results, the firm managed to achieve an ever-so-slight year-on-year increase.

Integral calculates its trading volumes by examining all of its different platforms – BankFX, MarginFX, InvestorFX, and Integral MTF. Trading is done in all markets, including spot, forwards and swaps.

During the month of January, the combined average daily volumes for Integral platforms was $34.7 billion. While this is up when compared to the same period last year, the increase is only small at one percent.

However, when measuring this figure against the previous month, which reported that $38.7 billion was traded on average per day, this is down by around 10 percent. December’s figure was also up by one percent month-on-month.

Integral volumes streak ends in January

In fact, since August of 2018, Integral has reported a consistent month-on-month increase in the average trading volumes, with January being the first to break the chain in five months.

Commenting on the results, Harpal Sandhu, the Chief Executive Officer of Integral said: “We’re committed to supporting our customers as they continue to capture share in their very competitive markets. Integral’s leading-edge technology gives our customers an advantage that they are successfully leveraging.”

OCX (Open Currency Exchange) is Integral’s trading platform. It is cross-connected with more than 250 Liquidity sources, which supply more than 3,000 market making streams via data centers in financial hubs Tokyo, London, and New York. OCX’s market design delivers Execution performance by combining resting limit orders, market-making streams, and midpoint interest in a single venue.

“No other platform reaches as many, as varied, and as comprehensive a set of FX products and participants as Integral OCXTM. Banks, brokers, and asset managers now share direct access to OCX and use this unique liquidity to win market share from their competitors,” the company added.

About the Author: Celeste Skinner
Celeste Skinner
  • 2872 Articles
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About the Author: Celeste Skinner
  • 2872 Articles
  • 25 Followers

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