Forex technology provider, has posted its trading volumes for December 2020, showing a healthy increase in its average daily volumes (ADV), which the company has maintained for months.
The total ADV for last month across all platforms of Integral came in at $48.5 billion. That was a of 1.7 percent, but when compared to the same month the previous year, the figures jumped 33.6 percent.
Integral offers a wide range of services within the forex trading industry, and the reported volumes show its performance across its entire liquidity network. The figures include the demand in , the spot trading venue offered by the company, and Integral OCX, ECN services for institutions.
“The proposition of eliminating credit as a barrier to entry is an exciting development in FX, and we are thrilled to see such high adoption of the service as participants seek increased accessibility to the markets in an organized, transparent and low-cost manner.”
A Good Year for Integral
Overall, Integral had a solid 2020, from Covid-spurred market volatility. It reported an ADV of $55.6 billion last March, gaining 43 percent year-over-year.
The company also bolstered its industry ties and extended its decade-long partnership with with another multi-year contract. Additionally, it renewed its partnership with , inking another multi-year deal, offering price engine infrastructure.
Moreover, it strengthened its infrastructure by adding to TrueFX’s liquidity network and by launching the of its relationship-based trading platform, FX Inside (FXI).
Furthermore, the company bolstered its management by appointing as the Business Development Managing Director and as the Director of Product Management.
Integral Ends 2020 with Impressive FX Trading Volumes
Published in Analysys
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