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Danish multi-asset brokerage Saxo Bank has just reported on its monthly trading volumes figures. The company posted a net increase during the month of July, which is a rare occurrence in the hot summer months. The move confirms the prognosis of Finance Magnates that a lot of trading venues will see higher volumes throughout the summer in the aftermath of Brexit.
The latest stats from the company show a monthly rise of 1.5 per cent if we look at the total figure of $265 billion. On an average daily volume (ADV) basis, the figure was even higher: up by 6 per cent ... (read more)