Saxo Bank sees best FX volumes in more than a year during February 2016


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.

saxo_chart_feb16

You can find detailed information about Saxo Bank’s operating metrics by visiting the dedicated Transparency page.

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Saxo Bank sees best FX volumes in more than a year during February 2016

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