Multi-asset investment and trading services provider Saxo Bank has just reported its key operating metrics for February 2016, with the month delivering a good piece of news for the broker’s volumes.
Saxo Bank saw its monthly trading volumes reach $259 billion in February 2016, the highest reading since January 2015, which was marked by record market volatility amid “Black Thursday” events. The February 2016 volumes are up 0.4% from January 2016 levels and up a massive 44.7% from February 2015 levels.
Average daily volumes amounted to $12.3 billion, down 4.7% month on month and up 36.7% year on year.
Client deposits amounted to $10.95 billion, up 1.5% from January 2016, when the reading was $10.79 billion.
You can find detailed information about Saxo Bank’s operating metrics by visiting the dedicated Transparency page.