Saxo Bank Trading Volumes Trend Lower in September

[kreslik.news]

Saxo Bank’s trading volumes continue trending lower in September. The Danish multi-asset brokerage house has booked transactions worth $243 billion last month.

The number is lower by 11 percent when compared to August and by 29 percent when compared to last year. The news can’t come as a surprise in an environment which has been impacted by the new ESMA leverage regulations.

The Danish brokerage is not diverging from the crowd, despite its relative focus on higher net worth individuals.

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