Saxo Bank Reports Sharp Trading Volumes Rebound in March
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Saxo Bank Reports Sharp Trading Volumes Rebound in March
Danish multi-asset brokerage Saxo Bank has published its latest monthly volumes numbers. The company is reporting its best month for the year in March and its second best month after the November election of Donald Trump.
The total trading volume for the month amounted to $376.7 billion, $275.2 billion of which have been transacted on the foreign exchange market. The total monthly volume is higher when compared to February this year by just over 19 percent and by just under 19 percent when compared on a year-on-year basis.
Clients of Saxo Bank also transacted $31 billion in commodities, $55.3 ... (read more)
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