Integral Records 17% YoY Increase in Average Daily Volumes during December

Tuesday, 18/01/2022 | 14:27 GMT by Nicholas Otieno

ADV across all integral platforms reached $44.6 billion in December.

This demonstrates that integrals’ technology infrastructure meets market demand.

Integral Records 17% YoY Increase — Average Daily Volumes during December

On January 18, Integral, a leading technology company in the global foreign exchange market, released its December volumes for 2021. According to the financial report, the company’s customer’s average daily volumes (ADV) across all of its trading platforms totaled $44.6 billion in December 2021. This represented a total increase of 17% YoY, to an annual volume of $12.4 trillion to finish 2021.

Integral’s ADV has risen significantly in the last 4 months. In July last year, the firm reported an average daily volume of $44 billion. In September, the number nearly touched $45 billion. While in October, the company’s ADV crossed $50 billion, the firm posted average daily volumes of $50.6 billion in December. In general, the FX technology provider witnessed gradual growth with average day volumes across all of its platforms in 2021.

The growth in volumes traded across Integral’s platforms is a testimony that demonstrates the company’s high-quality technology infrastructure that market players are seeking out when conducting business in the precious metal, foreign exchange and CFD markets.

Integral designed its cloud-based SaaS FX workflow solutions that meet the trading needs of the broadest variety of buy-side FX market participants, including hedge funds, banks, brokers and asset managers. Clients leverage diverse and deep liquidity available through the company’s platforms within an integrated environment.

Commitments to Upgrading the Trading Experiences of Clients

The development by Integral, a major FX technology provider, comes at a time when the overall demand for FX trading products has risen substantially in recent months. However, the company is not only an FX trading platform that sees successful trading records. Additionally, PrimeXM witnessed an increase in EURUSD trading volumes in October and November last year. Historically, the last quarter of the year remains a robust quarter for major FX trading firms in the last decade.

To increase its business operations and service delivery, Integral established several successful partnerships last year with some of the top names in the financial services sector. In November, Integral partnered with FXCM Pro to rollout a centrally cleared platform for contracts for differences (CFDs) as part of its efforts to expand its services for professional and institutional clients. During the same month, Integral hired Julian Elliott, a former executive at Gold-I Ltd, as its new Senior Product Director to drive the company’s business development strategy. In 2020, Integral partnered with Western Union to deploy eFX risk management technology across its Western Union Business Solutions platforms. Integral’s feature-rich platform provides Western Union Business solutions with full customization and automation, including a high level of control of over 10,000 currency pairs available on its system, delivering tailoredFX services to its clients.