Saxo Bank records 11% MoM drop in Forex volumes in April 2015


Saxo Bank, the company that yesterday impressed us with the launch of an innovative and unique trading platform, has just reiterated its commitment to transparency by publishing some of its operating metrics for April 2015.

The company, famous for combining the roles of a Forex broker and a bank, recorded overall monthly trading volumes of $222 billion in April 2015. This is 11% lower than in March 2015, when Saxo, along with other companies, managed to benefit from increased volatility across Forex markets.

Against levels seen in April 2014, however, the result was more solid – the annual rise is 4%.

Average daily trading volumes in April 2015 were $10.1 billion, lagging behind the $11.4 billion mark seen in March 2015 and almost unchanged from the result seen in April 2014.

April 2015 was strong in respect of clients’ collateral deposits, which reached $11.31 billion, up from March’s result of $10.91 billion.

saxo_chart_april_15

To obtain more information on Saxo Bank’s operating metrics, visit the designated Transparency page.

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Saxo Bank records 11% MoM drop in Forex volumes in April 2015

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