Integral Follows Industry Trend with 13% Drop in April ADV

Integral, a major technology provider in the forex trading space, published a few trading metrics for April 2022. The platform reported a total of $49.8 billion of its customers’ average daily volume (ADV) for the period.

The demand declined from the previous month by 13.1 percent but strengthened year-over-year by 15 percent.

Integral is not the only trading industry player to report monthly corrections. Several other platforms, including both retail and institutional, reported a similar downward trend. Some of these platforms achieved record highs with heightened trading volumes in March.

Cboe and FXStopStream, one an institutional spot FX venue and the other a provider of multibank FX aggregation service, both reported a double-digit slump in April activities. Cboe saw a monthly trading volume declined by 24 percent, while FXSpotStream reported a 19.2 percent drop.

An Industry Leader

Integral was established in 1993 and has become one of the leading technology providers in the forex and CFDs trading industry. It offers cloud-based SaaS FX workflow solutions and targets a broad range of  buy-side  FX market participants, including banks, brokers, asset managers, and hedge funds.

“Clients leverage the deep and diverse FX liquidity available through our platforms within an integrated environment,” Integral explains its services.

The reported ADV represents activities across all Integral platforms. It includes TrueFX, the spot trading venue offered by the company, and Integral OCX, ECN services for institutions.

“The growth in volumes traded across Integral’s clients is testament to high-quality technology infrastructure that market participants are seeking out when conducting business in the foreign exchange, precious metals, and CFD markets,” Integral stated.

Meanwhile, the company is also focused on strengthening its infrastructure by expanding into Asia. It launched its services from Singapore’s SG1  data center  earlier this year with a focus on local Asian clients.

Integral, a major technology provider in the forex trading space, published a few trading metrics for April 2022. The platform reported a total of $49.8 billion of its customers’ average daily volume (ADV) for the period.

The demand declined from the previous month by 13.1 percent but strengthened year-over-year by 15 percent.

Integral is not the only trading industry player to report monthly corrections. Several other platforms, including both retail and institutional, reported a similar downward trend. Some of these platforms achieved record highs with heightened trading volumes in March.

Cboe and FXStopStream, one an institutional spot FX venue and the other a provider of multibank FX aggregation service, both reported a double-digit slump in April activities. Cboe saw a monthly trading volume declined by 24 percent, while FXSpotStream reported a 19.2 percent drop.

An Industry Leader

Integral was established in 1993 and has become one of the leading technology providers in the forex and CFDs trading industry. It offers cloud-based SaaS FX workflow solutions and targets a broad range of  buy-side  FX market participants, including banks, brokers, asset managers, and hedge funds.

“Clients leverage the deep and diverse FX liquidity available through our platforms within an integrated environment,” Integral explains its services.

The reported ADV represents activities across all Integral platforms. It includes TrueFX, the spot trading venue offered by the company, and Integral OCX, ECN services for institutions.

“The growth in volumes traded across Integral’s clients is testament to high-quality technology infrastructure that market participants are seeking out when conducting business in the foreign exchange, precious metals, and CFD markets,” Integral stated.

Meanwhile, the company is also focused on strengthening its infrastructure by expanding into Asia. It launched its services from Singapore’s SG1  data center  earlier this year with a focus on local Asian clients.

Source: https://www.financemagnates.com/institutional-forex/integral-follows-industry-trend-with-13-drop-in-april-adv/