One of the world’s prominent technology companies in the FX market, Integral recently released its trading volumes for October 2021. The company reported average daily volumes (ADV) of $50.5 billion in the last month.
Compared to September 2021, the latest ADV was up by approximately 12.5%. Integral’s October ADV increased by 15.3% compared to the same period last year. Since the start of 2021, Integral saw consistent growth in trading volumes across all platforms.
The company’s ADV in August spiked by nearly 11% YoY. In June 2021, Integral posted a jump of 45% YoY in average daily volumes. Additionally, May saw strong growth across all platforms of the company.
“Integral’s global trading network has 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. Our clients Leverage the deep and diverse FX Liquidity available through our platforms within an integrated environment,” Integral mentioned in the latest announcement.
In addition to strong trading volumes, the company expanded its operations and formed partnerships with some of the leading financial firms around the world, including banks, brokers and asset management firms. In February 2021, Raiffeisen Bank International (RBI), a leading commercial and investment bank based in Vienna, announced a collaboration with Integral.
Strong Presence
Integral has a strong presence in the global FX technology market. Founded in 1993, Integral is one of the pioneer companies in foreign exchange technology. The company has offices in different cities around the world including New York, London, Singapore, Tokyo, Palo Alto and Bangalore.
“Integral is a financial technology company that helps its customers, banks, brokers, and asset managers, outperform their competition in the foreign exchange market through innovative solutions for workflow management and advanced execution. This powerful cloud-based platform is the industry’s only answer for FX institutions that want to design and deliver complete solutions tailored to their businesses,” the company added.