Danish multi-asset broker Saxo Bank released today key metrics for the month of June 2015. The figures show a comeback for trading volumes after figures have been on a downward movement for the previous two months.
The total monthly trading volume for Saxo Bank reached $241 billion in June 2015, up 10% from May’s figure of $219 billion. On a year-to-year comparison Saxo Bank’s volume numbers look positive as well, up 5.7% from $228 billion in June 2014.
The daily average trading volume in June 2015 was $11 billion, slightly better than the previous month and getting closer to $11.4 billion ADV Saxo Bank experienced in March 2015. The YoY comparison of the ADV figure show minor improvement over June 2014’s $10.8 billion.
Not all metrics were improving for Saxo Bank in June. After going up the previous two months, the clients’ collateral deposits for trading went ever so slight down to $11.41 billion. The figure seems to have peaked at $11.46 billion in May 2015, the highest such figure ever, passing November 2014’s record of $11.37 billion.
During June Saxo Bank launched its new proprietary platform, . It will be interesting to see if the broker’s volumes will show any significant change in the coming months now that .
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