Volumes Fall MoM in January, Ending 5-Month Streak for Integral
- However, January’s volumes did achieve a slight increase year-on-year.
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 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 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 Execution Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Read this Term 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 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 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 Execution Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Read this Term 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.