Saxo Bank reports 8% drop in FX volume in June

<img width="250" height="151" src="https://www.leaprate.com/wp-content/uploads/2022/02/Saxo-Bank-250×151.jpg" class="webfeedsFeaturedVisual wp-post-image" alt="Saxo Bank" decoding="async" style="float: left; margin-right: 5px;" link_thumbnail="" srcset="https://www.leaprate.com/wp-content/uploads/2022/02/Saxo-Bank-250×151.jpg 250w, https://www.leaprate.com/wp-content/uploads/2022/02/Saxo-Bank-700×422.jpg 700w, https://www.leaprate.com/wp-content/uploads/2022/02/Saxo-Bank-768×463.jpg 768w, https://www.leaprate.com/wp-content/uploads/2022/02/Saxo-Bank-120×72.jpg 120w, https://www.leaprate.com/wp-content/uploads/2022/02/Saxo-Bank-245×148.jpg 245w, https://www.leaprate.com/wp-content/uploads/2022/02/Saxo-Bank-500×301.jpg 500w, https://www.leaprate.com/wp-content/uploads/2022/02/Saxo-Bank.jpg 880w" sizes="(max-width: 250px) 100vw, 250px" /><p>The average daily volume (ADV) in forex instruments stood at $5.4 billion. The figure dropped 5.3% on monthly basis and 21.7% on yearly.</p>
<p>However, the brokerage firm reported that demand in Equities registered a rise. The volume in June was $233.5 billion, 2.3% higher compared to May. O yearly basis, the asset jumped 21.6%.</p>
<p>Fixed income instruments brought in $6.6 million, dropping 13.2% compared to the previous month. The demand for commodities was also lower by 21.1% on monthly basis at $32.1 million.</p>
<p>Earlier in May, <a href="https://www.leaprate.com/tag/saxo-bank/" target="_blank" rel="noopener">Saxo Bank</a> announced that it has surpassed <a href="https://www.leaprate.com/forex/brokers/saxo-bank-surpasses-100-billion-in-client-assets/" target="_blank" rel="noopener">$100 billion in client assets</a>.</p>
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