Saxo Bank’s Forex volumes reach $226B in December 2015, up 3.7% MoM

Multi-asset trading and investment services provide Saxo Bank has just posted its key operating metrics for the last month of 2015, with the month showing a slight month-on-month rise in overall Forex volumes and a slight month-on-month drop in average daily volumes.

Saxo Bank reported monthly Forex volumes of $226 billion for December 2015, a reading which is 3.7% higher than the result of $218 billion registered in November 2015.

Average daily volumes in December 2015 amounted to $9.8 billion, down 5.8% from the level of $10.4 billion registered in November 2015.

In annual terms, however, the comparison was gloomier, as the results registered in December 2015 failed to match those of December 2014. The monthly Forex volumes reported for December 2015 were 21.3% lower than the volumes registered a year earlier.

Client deposits amounted to $11.29 billion at the end of December 2015, broadly unchanged from the November 2015 reading of $11.41 billion.


You can find out more about Saxo Bank’s operating metrics by visiting the corporate Transparency page.

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