Saxo Bank FX volumes drop to $213B in April, lowest since 2012

Monthly volume is down at Saxo Bank for April to $213bn from $239bn in March, a 10.8% drop.  Average daily volume also fell to 10.2 (USD bn) per day, from 11.4 (USD bn) in March. This has been the weakest month in terms of volume year to date for many brokerages and exchanges across the FX industry. Clients’ collateral deposits for trading (USD bn) did reach a high of $9.08bn.


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