Saxo Bank’s FX Trading Volumes Declined MoM in February 2017

[kreslik.news]

Danish multi asset brokerage Saxo Bank today reported its financial trading metrics for February 2017, showing weaker FX volumes. The firm also added another level of transparency to its trading volumes reports – providing a detailed breakdown by asset class, offering extra details on its trading volumes.


In total, Saxo Bank’s monthly volume across all asset classes combined reached just $316.1 billion in February 2017, down about 14.5% from $370 billion in January. FX monthly volumes, which constitute the majority of the volumes and all of the month-over-month drop, reached just $235.9 billion in February at Saxo Bank, down about ... (read more)