Saxo Bank sees 12.7% MoM rise in ADV in April 2016

April was a solid month for multi-asset trading and investment services provider Saxo Bank, as exhibited by their key monthly operating metrics reported earlier today. The company saw trading volumes grow in both monthly and annual terms, whereas client deposits kept rising, continuing a trend witnessed in March 2016.

Saxo Bank’s monthly trading volumes hit $260 billion in April 2016, up 2.4% from March 2016 levels, whereas the result was 17% higher than in April 2015.

The average daily volumes amounted to $12.4 billion in April 2016, up 12.7% from the reading for March 2016.

Client deposits reached $12.06 billion last month, up 3.6% in monthly terms.


For more details on Saxo Bank’s key performance metrics, click here.

Read Also: