Integral, one of the largest technology companies in the foreign exchange (FX) market, recently announced the average daily volumes (ADV) for February 2022. The number touched $54.9 billion in the reported period, which is up by 8.9% compared to the same period in 2021.
Compared to January 2022, the latest figure increased by almost 12.7%. Customers’ average daily volumes climbed consistently during the first two months of the running year. In January 2022, the FX technology provider reported a strong recovery in the ADV as the number reached $48.7 billion.
“Customers’ average daily volumes (ADV) across Integral platforms totaled $54.9 billion in February 2022. This represents an increase of +12.7% compared to January 2022 and an increase of +8.9% compared to the same period in 2021. 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, 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 noted.
IntegralFX
Recently, Integral announced the availability of its IntegralFX services in Singapore’s SG1 data center. Lim Cheng Khai, the Executive Director of the Financial Markets Development Department at the Monetary Authority of Singapore (MAS), said that the availability of IntegralFX will facilitate participants through better connectivity and technology-driven solutions.
Established in 1993, Integral has customers across the financial services industry. The company has collaborated with several banks, brokers and asset management firms to provide innovative FX technology solutions. Integral maintains development, support and sales offices in Palo Alto, New York, London, Tokyo, Singapore and Bangalore.
“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,” the company highlighted.
