Saxo Bank’s November Volumes Pointed Upward, Strike Fresh 2016 Highs

[kreslik.news]

Danish multi asset broker Saxo Bank has continued its upward trajectory of volumes heading into November 2016, which overall secured a healthy growth in average daily volumes (ADV) and foreign exchange turnover, per a Saxo statement.

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The latest volumes in November 2016 were reflective of a continued growth, coming in at $15.6 billion in average daily foreign exchange (FX) turnover for the month. This was good for a rise of 23.8% MoM from just $12.6 billion in the month prior.

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