Integral Follows Industry Trend with 13% Drop in April ADV

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 Buy-Side The buy-side is comprised of firms in the financial industry that purchase securities and are accompanied by account investment managers, pension funds, and hedge funds.The buy-side is composed of those that buy and invest large sums of securities with the intention of generating a lucrative return or have their funds managed. The Buy-Side ExplainedIn terms of Wall Street, the buy-side includes investment institutions that purchase securities, stocks, or other financial instruments with the aim The buy-side is comprised of firms in the financial industry that purchase securities and are accompanied by account investment managers, pension funds, and hedge funds.The buy-side is composed of those that buy and invest large sums of securities with the intention of generating a lucrative return or have their funds managed. The Buy-Side ExplainedIn terms of Wall Street, the buy-side includes investment institutions that purchase securities, stocks, or other financial instruments with the aim Read this Term 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 Data Center A data center is a building or network used to house computer systems and associated components, such as telecommunications and storage systems.This generally includes redundant or backup power supplies, redundant data communications connections, environmental controls, and various security devices. Large data centers are industrial scale operations using as much electricity as a small town.Over the past decade, data center space has been growing at an incredible rate. This has increased as more A data center is a building or network used to house computer systems and associated components, such as telecommunications and storage systems.This generally includes redundant or backup power supplies, redundant data communications connections, environmental controls, and various security devices. Large data centers are industrial scale operations using as much electricity as a small town.Over the past decade, data center space has been growing at an incredible rate. This has increased as more Read this Term earlier this year with a focus on local Asian clients.