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Danish multi-asset brokerage Saxo Bank has reported its monthly metrics for May 2017, which show a pick-up in trading volumes compared with last month’s very weak figures and improvement month-over-month across all but one of its business segments.
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During May 2017, Saxo Bank saw its total average daily volumes increase slightly to $14.4 billion, up just 1.4 percent month-over-month from $14.2 billion in the month prior. Comparing year-over-year, this figure looks a bit better, scoring a 5.1 percent increase from $13.7 billion in May 2016.
In terms of its total volume, Saxo ... (read more)