Integral Reports 45% YoY Jump in June 2021 ADV

Monday, 05/07/2021 | 10:38 GMT by Arnab Shome
  • The company posted a total ADV of $51 billion for the month.
Integral Reports 45% YoY Jump in June 2021 ADV
Integral

Integral, which provides technology to the Forex trading industry players, published its latest trading statistics for June, showing another month of the surging demand in institutional trading.

The company reported a total of $51 billion in average daily volumes (ADV) last month. This figure shows a jump of 8.7 percent in forex trading demand month-over-month and a 45.3 percent increase when compared with the same month of the previous year.

The company highlighted that the reported monthly ADV represents volumes traded across the group’s entire Liquidity network that include TrueFX, the spot trading venue offered by the company, and Integral OCX, ECN services for institutions.

Integral continued to report a solid jump in its volumes since last year when the trading industry benefited from the Covid-spurred volatility in the markets. The platform’s volumes peaked in March 2020 with $55.6 billion in ADV. Though that gain normalized soon, and demands are rising again.

A Global FX Industry Tech Provider

Founded in 1993, Integral has sales offices in Palo Alto, New York, London, Tokyo, Singapore and Bangalore.

“Integral’s global trading network has been designed to meet the execution needs of the widest variety of FX market participants, including banks, brokers, asset managers and hedge funds,” Integral stated.

“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.”

Meanwhile, the Silicon Valley-headquartered company is focused on signing deals to make its industry presence even stronger. Earlier this year, the company announced partnership deals with Vienna-based Raiffeisen Bank International, Luxembourg’s Spuerkeess Bank and Turkey’s IS Investment.

Furthermore, Integral renewed its decade-long partnership deal with Swissquote with another multi-year subscription agreement.

Integral, which provides technology to the Forex trading industry players, published its latest trading statistics for June, showing another month of the surging demand in institutional trading.

The company reported a total of $51 billion in average daily volumes (ADV) last month. This figure shows a jump of 8.7 percent in forex trading demand month-over-month and a 45.3 percent increase when compared with the same month of the previous year.

The company highlighted that the reported monthly ADV represents volumes traded across the group’s entire Liquidity network that include TrueFX, the spot trading venue offered by the company, and Integral OCX, ECN services for institutions.

Integral continued to report a solid jump in its volumes since last year when the trading industry benefited from the Covid-spurred volatility in the markets. The platform’s volumes peaked in March 2020 with $55.6 billion in ADV. Though that gain normalized soon, and demands are rising again.

A Global FX Industry Tech Provider

Founded in 1993, Integral has sales offices in Palo Alto, New York, London, Tokyo, Singapore and Bangalore.

“Integral’s global trading network has been designed to meet the execution needs of the widest variety of FX market participants, including banks, brokers, asset managers and hedge funds,” Integral stated.

“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.”

Meanwhile, the Silicon Valley-headquartered company is focused on signing deals to make its industry presence even stronger. Earlier this year, the company announced partnership deals with Vienna-based Raiffeisen Bank International, Luxembourg’s Spuerkeess Bank and Turkey’s IS Investment.

Furthermore, Integral renewed its decade-long partnership deal with Swissquote with another multi-year subscription agreement.

About the Author: Arnab Shome
Arnab Shome
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About the Author: Arnab Shome
Arnab is an electronics engineer-turned-financial editor. He entered the industry covering the cryptocurrency market for Finance Magnates and later expanded his reach to forex as well. He is passionate about the changing regulatory landscape on financial markets and keenly follows the disruptions in the industry with new-age technologies.
  • 6613 Articles
  • 97 Followers

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