Saxo Bank posts strong September, volumes up 20% to $266 billion


saxo bank fx volume

Copenhagen-based Multi Asset broker Saxo Bank has just reported its September volumes and it has made quite a rise from August’s lowest level in 2016.

In fact, by all means, this has been Saxo Bank’s best volumes month in 2016 and most active one since January 2015 when volumes topped $300 billion in part due to the Swiss Franc spike.

Daily average was $12.1 billion. As for Saxo Bank’s monthly volume – its number hit $266 billion.

Clients’ collateral deposits for trading also moved slightly up to $13.17 billion.

See the monthly details in the graphic below:

saxo-bank-volume-sept2016

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Saxo Bank posts strong September, volumes up 20% to $266 billion

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