Up an Up! Integral’s ADV up to 8% MoM
Integral is the technology partner that is highly trusted by banks, brokers and asset managers. It assists in outperforming the high competition in the foreign exchange market.
Integral best for FX
Integral platform combines the innovation of Silicon Valley with deep insight of FX to deliver workflow management and trading platform that is the industry’s valid answer for FX institutions that aim to design and deliver complete solutions tailored to their businesses.
With this fact acknowledges, it is no surprise that more than 200 top-financial institutions rely on Integral to run their FX Businesses.
While Fintech companies gain more and more popularity and availability, Integral has published for the last, September month.
ADV up to 8%
ADV calculation is necessary for the managers and traders, in order to make a conclusion on prices and afterward, make wise decisions or just decisions. Generally, average daily volume (ADV) or average daily trading volume (ADTV) calculation is made for having data on shares traded during a specific period of time, trying to measure the average amount of trading taking place.
Now, being aware of ADV importance, have a look at the Integral report. The firm reported ADV across whole Integral platforms totals 37.3$ billion during the past, September month.
Now that we know the numbers, it is easy to tell that the trade is a real high-touch. The larger the trades, the more impact we get on prices. This might cause prices going up or down in case of a purchase or sale, which will impact the performance as well.
10.4% rise
Integral company has announced a 10.4% rise YoY in monthly ADVs for the past month.
Changes in currency exchange rates have been an issue globally, the same happens on the stock markets, which of course increases risks and uncertainties in Forex Trading. As volatility still gives opportunities to traders, it can even be beneficial in a long-run period.
With quite drastic changes and high expectations and despite FX volatility, Integral saw an 8.1% increase in August volumes.
Integral has definitely the word to say, especially if we recall some of the firm’s valid investments, such as Mint Exchange, the platform that has genuinely improved the stability and efficiency of the cryptocurrency ecosystem.
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