Saxo Bank August FX Volumes Fail to Best July Figures, Shed 10 Percent
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Saxo Bank August FX Volumes Fail to Best July Figures, Shed 10 Percent
Danish multi-asset brokerage Saxo Bank has reported its monthly metrics for August 2017, which notched healthy gains in terms of its total volumes despite a lower ADV figure, showing mixed performance month-over-month across its business segments.
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Just one month ago, Saxo Bank’s trading volumes spiked higher by 19.4 percent month-over-month during July to a total of $336.4 billion.
During August 2017, Saxo Bank saw its total average daily volumes drop to $15.1 billion, shedding -5.6 percent month-over-month from ... (read more)
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