Integral Follows Industry Trend with 13% Drop in April ADV

by Arnab Shome
  • The figures strengthened by 15 percent year-over-year.
  • It represents activities across all Integral platforms.
Integral
Integral

Integral, a major technology provider in the forex trading space, published a few trading metrics for April 2022. The platform reported a total of $49.8 billion of its customers’ average daily volume (ADV) for the period.

The demand declined from the previous month by 13.1 percent but strengthened year-over-year by 15 percent.

Integral is not the only trading industry player to report monthly corrections. Several other platforms, including both retail and institutional, reported a similar downward trend. Some of these platforms achieved record highs with heightened trading volumes in March.

Cboe, an institutional spot FX trading venue, and FXStopStream, a multibank FX aggregation service provider, both reported a double-digit slump in activities in April. Cboe saw a monthly trading volume decline by 24 percent, while FXSpotStream reported a 19.2 percent drop.

An Industry Leader

Integral was established in 1993 and has become one of the leading technology providers in the forex and CFD trading industry. It offers cloud-based SaaS FX workflow solutions and targets a broad range of buy-side FX market participants, including banks, brokers, asset managers and hedge funds.

“Clients leverage the deep and diverse FX liquidity available through our platforms within an integrated environment,” Integral explains its services.

The reported ADV represents activities across all Integral's platforms. It includes TrueFX, the spot trading venue offered by the company, and Integral OCX, which is the ECN service for institutions.

“The growth in volumes traded across Integral’s clients is testament to high-quality technology infrastructure that market participants are seeking out when conducting business in the foreign exchange, precious metals and CFD markets,” Integral stated.

Meanwhile, the company is focused on strengthening its infrastructure by expanding into Asia. It launched its services from Singapore’s SG1 data center earlier this year with a focus on local Asian clients.

Integral, a major technology provider in the forex trading space, published a few trading metrics for April 2022. The platform reported a total of $49.8 billion of its customers’ average daily volume (ADV) for the period.

The demand declined from the previous month by 13.1 percent but strengthened year-over-year by 15 percent.

Integral is not the only trading industry player to report monthly corrections. Several other platforms, including both retail and institutional, reported a similar downward trend. Some of these platforms achieved record highs with heightened trading volumes in March.

Cboe, an institutional spot FX trading venue, and FXStopStream, a multibank FX aggregation service provider, both reported a double-digit slump in activities in April. Cboe saw a monthly trading volume decline by 24 percent, while FXSpotStream reported a 19.2 percent drop.

An Industry Leader

Integral was established in 1993 and has become one of the leading technology providers in the forex and CFD trading industry. It offers cloud-based SaaS FX workflow solutions and targets a broad range of buy-side FX market participants, including banks, brokers, asset managers and hedge funds.

“Clients leverage the deep and diverse FX liquidity available through our platforms within an integrated environment,” Integral explains its services.

The reported ADV represents activities across all Integral's platforms. It includes TrueFX, the spot trading venue offered by the company, and Integral OCX, which is the ECN service for institutions.

“The growth in volumes traded across Integral’s clients is testament to high-quality technology infrastructure that market participants are seeking out when conducting business in the foreign exchange, precious metals and CFD markets,” Integral stated.

Meanwhile, the company is focused on strengthening its infrastructure by expanding into Asia. It launched its services from Singapore’s SG1 data center earlier this year with a focus on local Asian clients.

About the Author: Arnab Shome
Arnab Shome
  • 6227 Articles
  • 79 Followers
About the Author: Arnab Shome
Arnab is an electronics engineer-turned-financial editor. He entered the industry covering the cryptocurrency market for Finance Magnates and later expanded his reach to forex as well. He is passionate about the changing regulatory landscape on financial markets and keenly follows the disruptions in the industry with new-age technologies.
  • 6227 Articles
  • 79 Followers

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