Integral Posts 5.1% MoM ADV Decline Due to August Lull

Integral reported that the customers’ average daily volumes (ADV) across all offered platforms came in at $46.3 billion in August 2022. The figures released on Monday represent a monthly decline of 5.1 percent but a year-over-year gain of 4.8 percent.

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

The monthly decline was expected as its an industry-wide trend due to the effects of the summer holidays in trading. Other retail and institutional trading Institutional Trading Institutional trading can be characterized as individuals or entities with the ability to invest in securities that are not available to retail traders directly.This includes specific investments such as FX forwards or swaps, among others.There are many types of players in the institutional trading space. These include central banks, retail and commercial banks, internet banks, credit unions, savings, and loan associations, investment banks, investment companies, brokerage firms, insurance compa Institutional trading can be characterized as individuals or entities with the ability to invest in securities that are not available to retail traders directly.This includes specific investments such as FX forwards or swaps, among others.There are many types of players in the institutional trading space. These include central banks, retail and commercial banks, internet banks, credit unions, savings, and loan associations, investment banks, investment companies, brokerage firms, insurance compa Read this Term venues posted a demand decline in August.

Finance Magnates earlier reported that the forex trading Forex Trading Forex trading is the buying and selling of foreign currencies with the aim of generating a profit. The value of currencies, especially floating currencies, fluctuate to varying degrees. This constant volatility of exchange rates opens the door for speculators to invest in a certain currency against another. The Forex market is the world’s biggest and most liquid market, with over $5 billion turnover every single day, with the market being open 24 hours a day, 5 days a week.It goes without saying Forex trading is the buying and selling of foreign currencies with the aim of generating a profit. The value of currencies, especially floating currencies, fluctuate to varying degrees. This constant volatility of exchange rates opens the door for speculators to invest in a certain currency against another. The Forex market is the world’s biggest and most liquid market, with over $5 billion turnover every single day, with the market being open 24 hours a day, 5 days a week.It goes without saying Read this Term ADV on both Cboe and FXSpotStream declined last month. While ADV on Cboe FX dropped marginally to $37.16 billion from $38.18 billion, FXSpotStream witnessed a drop of 4.9 percent.

On the retail side, Saxo Bank posted a month-over-month ADV decline of 13 percent as it dropped to $4.8 billion in August.

A Major Technology Provider in the FX Industry

Established in 1993, Integral offers technology to forex trading platforms. It primarily provides cloud-based SaaS FX workflow solutions and targets a broad range of buy-side forex market participants, including banks, brokers, asset managers and hedge funds.

“Integral’s cloud-based SaaS FX workflow solutions have been designed to meet the trading needs of the widest variety of buy-side FX market participants,” the company stated. “Clients leverage the deep and diverse FX liquidity available through our platforms within an integrated environment.”

Meanwhile, Integral has strengthened its sales division with a few hires recently. It onboarded two Directors of Sales, Roland Schilling and Paul Spillman.