$6.8 billion was the average daily volume in forex instruments. This number grew by 23.6% monthly and 3% yearly.
According to the brokerage, Equities demand also saw an increase. Volume in March reached $259.9 trillion, an increase of 25% over February. Annually, the asset class increased 12.2%.
Fixed income instruments brought in $22.4 Million, up 180% from the previous month. At $44.2 million, the demand for commodities grew 34.3% monthly.
The online investment and trading specialist reported a.8% decrease in profits to DKK 711 millions, but a 7% increase in clients for 2022.
LeapRate’s first article, “Saxo Bank Sees 40% MoM Jump in FX Volume in March” appeared first on LeapRate.
