Integral’s Average Daily Volumes Jumped 8.3% in May 2021

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Integral, a leading foreign exchange (FX) technology provider, released its latest trading numbers for May 2021 today. The company saw a jump of 8.3% in average daily volumes (ADV).

According to the official numbers, the total ADV across the group’s entire liquidity network reached $46.9 billion in May 2021, which is a significant jump of 43.9% compared to the same period in 2020. Since the start of 2021, Integral has seen consistent growth in trading volumes.

In March 2021, Integral reported average daily volumes of $53.6 billion. Currently, the US-based technology provider is offering services to various financial firms around the world including banks, asset management firms and brokers.

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“The average daily volumes (ADV) across Integral platforms totalled $46.9 billion in May 2021. This represents an increase of 8.3% compared to April 2021 and an increase of 43.9% compared to the same period in 2020. Reported ADV represents volumes traded across the group’s entire liquidity network, including TrueFXTM and Integral OCXTM, in aggregate. Integral’s global trading network has been designed to meet the execution needs of the widest variety of FX market participants, including banks, brokers, asset managers and hedge funds,” the company mentioned in the announcement.

Trading Volumes

After a dip in April volumes, trading activity across Integral platforms has spiked again in May. Compared to the same period in 2020, the latest numbers were significantly higher. Integral has seen a surge in trading activity across all platforms since the start of 2020. Founded in 1993, the company has sales and support offices in different parts of the world including cities like Palo Alto, Tokyo, New York, Bangalore and Singapore. During the last few months, the company has formed several partnerships. In February 2021, Raiffeisen Bank International (RBI), a leading commercial and investment bank based in Vienna, announced a partnership with Integral.

In November 2020, Swissquote, the Switzerland-based online trading platform, announced the extension of a decade-long partnership with Integral through a multi-year subscription agreement.

Source: https://www.financemagnates.com/institutional-forex/integrals-average-daily-volumes-jumped-8-3-in-may-2021/

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