Integral Reports Average Daily Volumes of $43.8 Billion in October 2020
Volumes increased 6.8% month-on-month and 20.3% year-on-year
From October 2020, reported ADV includes volumes traded on TrueFX
PALO ALTO (November 2, 2020) – Integral (www.integral.com), a leading technology
company in the foreign exchange market, reported today average daily volumes (ADV) across Integral
platforms totaled $43.8 billion in October 2020. This represents an increase of 6.8 % compared to
September 2020, and an increase of 20.3% compared to the same period in 2019.
From October 2020, reported ADV include volumes traded on the recently launched venue, TrueFXTM,
and is reported in aggregate with volumes from Integral’s other trading platforms. Reported monthly
ADV now represents total volumes traded across the group’s entire liquidity network.
Commenting on the growth of TrueFX, Harpal Sandhu, CEO at Integral said, “TrueFX has made it possible
for any participant – irrespective of size – to access primary sources of liquidity directly. The proposition
of eliminating credit as a barrier to entry is an exciting development in FX and we are thrilled to see such
high adoption of the service as participants seek increased accessibility to the markets in an organized,
transparent, and low-cost manner.”
Integral’s global trading network has been designed to meet the execution needs of the widest variety
of FX market participants, including banks, brokers, asset managers, and hedge funds. Our clients
leverage the deep and diverse FX liquidity available through our platforms and have the choice to trade
any execution style required, all within an integrated environment. For more information visit
Integral is a financial technology company that helps its customers — banks, brokers, and asset managers — outperform their competition in the foreign exchange market through innovative solutions for workflow management and advanced execution. This powerful cloud-based platform is the industry’s only answer for FX institutions that want to design and deliver complete solutions tailored to their businesses. Integral’s modern approach of addressing the entire FX lifecycle with an intelligent platform allows its customers to achieve the lowest transaction costs, greatest operational efficiency, and highest yield. Founded in 1993, Integral maintains development, support, and sales offices in Palo Alto, New York, London, Tokyo, Singapore and Bangalore.
TrueFX is an accessible, low cost, spot trading facility delivered by Integral technology, centrally cleared by Jefferies FX Prime Brokerage and supported by a network of TrueFX clearing members, including Sucden Financial, FXCM, Axicorp and Velocity Trade. TrueFX combines centralized credit and technology to deliver a lower-cost and operationally efficient environment for counterparties to connect.
Integral OCX is an ECN used by banks, brokers and asset managers. OCX is directly cross connected with more than 250 liquidity sources supplying more than 3,000 market making streams in NY4, LD4, and TY3. The platform’s advanced market design delivers the ultimate in execution performance by combining resting limit orders, market-making streams, and midpoint interest in a single integrated high-performance venue.
©2020 Integral Development Corp. All rights reserved. Integral technology is protected under U.S. Patent Nos. 6,347,307; 7,882,011; 8,417,622; 8,862,507, 9,412,134; 9,836,789, and patent pending applications and related intellectual property. Additional information is available at https://www.integral.com