Saxo Bank registers trading volumes of $216B in September, down 2% MoM

Saxo Bank, the multi-asset trading expert, earlier today published its key operating metrics for September 2015, with the numbers being in tune with the picture displayed by the majority of the Forex industry thus far. That is, the Forex volumes failed to match the achievements reported in August 2015, when trading volumes were supported by an upsurge in market volatility.

Monthly Forex volumes totalled $216 billion in September 2015, down 2% from August 2015 levels and down 33% from September 2014.

Average daily volumes in September 2015 amounted to $9.8 billion, down 6.7% from the level of $10.5 billion recorded in August 2015. In annual terms, the drop was 33%.

Client deposits amounted to $10.73 billion, slightly down from the result of $11 billion registered a month earlier.

saxo_chart_sep15

To obtain detailed information about Saxo Bank’s performance, visit the corporate Transparency page.

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