Integral, one of the leading foreign exchange (FX) technology providers, yesterday released the average daily volumes (ADV) across its platforms during July 2021. The company’s ADV touched $44 billion last month.
According to the latest numbers, the average daily volumes in July 2021 were 17.6% higher compared to the same period last year. However, the recent numbers represent a dip of approximately 13.7% compared to June 2021.
In June 2021, Integral reported a total of $51 billion in average daily volumes. In May 2021, the FX technology provider posted a total ADV of $46.9 billion across all its platforms.
“The average daily volumes (ADV) across Integral platforms totaled $44 billion in July 2021. This represents a decrease of -13.7% compared to June 2021 and an increase of +17.6% compared to the same period in 2020. Reported ADV represents volumes traded across the group’s entire liquidity network, including TrueFX and Integral OCX, in aggregate,” Integral mentioned in the announcement.
7 Habits of a Highly Effective DeFi TraderGo to article >>
Last month, the technology provider announced that the UAE-based financial brokerage GoDoFX has picked Integral for FX and CFD trading technology.
Despite the latest MoM dip in volumes, Integral posted strong YoY growth in the average daily volumes this year. In March 2021, Integral reported an ADV of $53.6 billion. Founded in 1993, Integral has sales, support, and development offices in different cities across the world including Palo Alto, Bangalore, Singapore, New York, Tokyo, and London. The company is providing…