Integral Reports Average Daily Volumes of $53.6 Billion in March 2021
March 2021 marked Integral’s second highest monthly volumes on record.
Attributed to record-breaking growth in volumes on TrueFX.
PALO ALTO (April 1, 2021) – Integral (www.integral.com), a leading technology company in the foreign exchange market, reported today average daily volumes (ADV) across Integral platforms totaled $53.6 billion in March 2021. This represents an increase of 6.3% compared to February 2021 and a decrease of 3.6% compared to the same period in 2020.
March 2021 represented the second highest monthly volumes on record for Integral, second only to March 2020 which saw considerable volumes due to the pandemic-induced volatility. The rise for March 2021 follows a recent trend of upward growth in volumes for Integral and is attributed to the increasing activity on TrueFX over the last 6 months.
Reported ADV represents volumes traded across the group’s entire liquidity network, including TrueFX™ and Integral OCX™, in aggregate.
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.com.
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.
©2021 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