Integral’s April ADV Took a Hit, but Stood Strong YoY
- The company reported a monthly ADV of $43.3 billion for last month.
Integral, which is a technology provider in the Forex Forex Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Read this Term trading industry, published its trading metrics for April, reporting a month-over-month slow down in demand, but a solid jump when compared to the numbers a year ago.
According to the press release shared with Finance Magnates, the total trading volume on the platform for last month came in at $43.3 billion, which is 23.4 percent higher than the numbers in April 2020. However, trading activities declined by 19.2 percent from the previous month’s $53.6 billion in ADV.
March 2021 was the second-best month recorded by Integral in terms of trading demand and was only behind the volumes generated exactly a year ago when the markets were under the influence of Covid-spurred volatility. The surge in trading a couple of months before was organic and in line with the industry trend.
A Major FX Industry Player
Integral was founded in 1993 and has a global presence with sales offices in Palo Alto, New York, London, Tokyo, Singapore and Bangalore. It offers services under several brands like TrueFX, the spot trading venue offered by the company and Integral OCX, ECN services for institutions.
The company highlighted that the reported monthly ADV represents volumes traded across the group’s entire 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 network.
“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,” Integral noted.
Meanwhile, it is still expanding its industry reach with many new partnerships. Earlier this year, it closed deals with Raiffeisen Bank International, IS Investment, and Spuerkeess and expanded its decade-long partnership with Squisequote with another multi-year agreement.
Integral, which is a technology provider in the Forex Forex Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Read this Term trading industry, published its trading metrics for April, reporting a month-over-month slow down in demand, but a solid jump when compared to the numbers a year ago.
According to the press release shared with Finance Magnates, the total trading volume on the platform for last month came in at $43.3 billion, which is 23.4 percent higher than the numbers in April 2020. However, trading activities declined by 19.2 percent from the previous month’s $53.6 billion in ADV.
March 2021 was the second-best month recorded by Integral in terms of trading demand and was only behind the volumes generated exactly a year ago when the markets were under the influence of Covid-spurred volatility. The surge in trading a couple of months before was organic and in line with the industry trend.
A Major FX Industry Player
Integral was founded in 1993 and has a global presence with sales offices in Palo Alto, New York, London, Tokyo, Singapore and Bangalore. It offers services under several brands like TrueFX, the spot trading venue offered by the company and Integral OCX, ECN services for institutions.
The company highlighted that the reported monthly ADV represents volumes traded across the group’s entire 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 network.
“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,” Integral noted.
Meanwhile, it is still expanding its industry reach with many new partnerships. Earlier this year, it closed deals with Raiffeisen Bank International, IS Investment, and Spuerkeess and expanded its decade-long partnership with Squisequote with another multi-year agreement.