Integral Reports 17 percent YoY Growth in FX Volumes for July

Integral, a foreign exchange market focused tech company, reported its average daily volumes (ADV) for July of this year on its OCX platform today. According to the results, the company saw an increase of 17 per cent year-on-year across its market segments.

On Integral OCX, the ADV reached $35.3 billion in July this year. This was a gain of 17 per cent when compared to the same period last year. However, it was less than June’s year-over-year growth of 30 per cent. Nonetheless, it was still a strong gain for the company.

The trading value reflects the single count trading volumes originating from BankFXTM, MarginFXTM , InvestorFXTM, and Integral MTFTM. This is for all transaction types, which includes spot, forwards and swaps.

Integral’s OCX platform is connected to 250 liquidity sources. These supply more than 3,000 market making streams in NY4, LD4, and TY3.

Integral sees strong performance June

During the first six months of the year, trading at Integral has been consistently strong. However, this is rather at odds with 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 markets which, due to low volatility and increasing trade tensions in the US, have seen on average lower levels of trading activity in the past couple of months.

Some of the main currency pairs, such as EUR/USD and GBP/USD have particularly borne the brunt of the lower volatility levels. When looking at Investing.com’s volatility index, the first quarter of this year has had the highest levels of volatility on average.

As a result, June was overall a lacklustre month for 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. However, that didn’t seem to bother Integral, which recorded a 30% year-on-year growth in the month. When compared to May, this was an increase of 2.8%.

Integral was founded in 1993 and maintains development, support, and sales offices in Palo Alto, New York, London, Tokyo, Singapore, and Bangalore. The OCX is a cloud-based platform that aims to increase the efficiency and yield for brokers.