Fintech company Integral, the technology partner trusted by banks, brokers, and asset managers to help them outperform their competition in the foreign exchange market, has just released its volume report for the month of March 2020.
Last month, the average daily volumes (ADV) across Integral platforms totaled $55.6 billion. This represents an increase of 40% compared to February 2020, and 43% increase when compared to the same period in 2019.
Harpal Sandhu, CEO at Integral commented on the news:
March proved to be a significant month for Integral, having marked both record ADV and a one-month record high of over $1.2 trillion traded on the network. The spike in volatility is behind this surge, with Euros and, interestingly, gold the first and second most heavily traded assets on the platform last month.
Most importantly, we are proud to have served our customers during this period of high volatility by offering an extremely stable and reliable service on Integral’s markets. Our cloud infrastructure insured clients had access to robust trading platforms irrespective of their location or working environment.