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Danish multi-asset brokerage Saxo Bank has just published its trading volumes numbers for the month of August. Clients of the firm transacted a total of $221 billion in volumes last month with the number marking the lowest level since November 2015.
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Trading volumes in August have declined across the industry, showing the waning of the effect of the Brexit vote at the end of June, that boosted a typically slow summer season in July. Saxo Bank’s nominal trading volume in August declined by about 16.6 ... (read more)