The daily average in forex trading came in at $6.8 billion, up from the previous month’s $5.7 billion and from May 2021’s $5.0 billion.
Equities registered a 30.2% MoM rise to $220.1 million last month and gained 55.1% compared to the previous year.
Fixed income instruments brought in $10.7 million registering a 24.4% increased compared to April 2022 and 18.9% compared to May 2021. The demand for commodities registered little change with slight uptick compared to the previous month and a slight drop on yearly basis at .2 million.
Saxo has recently been adding new talent to its leadership. Joanna Moberly joined Saxo Markets UK as new head of legal in late May and Charu Chanana was appointed as Market Strategist in Singapore.
