Integral Achieves Best Monthly Volumes on Record in March

March is set to be a big month in term of trading volumes, with Integral being yet another trading provider to report record volumes during the month, as volumes have been boosted by COVID-19 volatility.
In fact, Integral has recorded its highest volumes ever during the month of March, coming in at $55.6 billion across all of its platforms. This presents an increase of 43 per cent when measured against the same period of the prior year. It has also increased by 40 per cent on .
EUR and Gold prevail on Integral
According to the Chief Executive Officer (CEO) of Integral, Harpal Sandhu, there were two assets that stood apart from the rest during the month of March with Euros and gold being the first and second most traded across its platforms.
“March proved to be a significant month for Integral, having marked both record ADV and a one-month record high of over $1.2 trillion traded on the network,” Sandhu said in the statement released today.
“The spike in volatility is behind this surge, with Euros and, interestingly, gold the first and second most heavily traded assets on the platform last month. Most importantly, we are proud to have served our customers during this period of high volatility by offering an extremely stable and reliable service on Integral’s markets. Our cloud infrastructure insured clients had access to robust trading platforms irrespective of their location or working environment.”
March madness
Integral is not alone when it comes to strong trading volumes in March. As , Cboe’s institutional spot FX platform posted its best monthly trading volume in March in its history.
Specifically, Cboe reported a total trading volume of $1.21 billion in March of 2020. This is the best monthly volume since at least January of 2010, which is as far back as the platform’s records appear to go.
The Tokyo Financial Exchange (TFX) also of FX Daily Futures contracts of 6,442,605 via Click 365 this Wednesday. When comparing this against the previous month, trading volumes have more than doubled, soaring by 163.1 per cent.