Integral Sees 20.3% YoY Increase in ADV in October 2020

​Integral (www.integral.com), a leading FX technology provider, reported on Monday that average daily volumes (ADV) across its platforms totaled $43.8 billion in October 2020. This marks an increase of 6.8 % compared to September 2020, and an increase of 20.3% compared to the same period in 2019. 

It should be pointed out that the fintech has recently launched a new trading venue TrueFXTM, and reported ADV in last month has included the volumes traded on the new venue as well as volumes from the firm's other trading platforms. From October 2020, the technology company's reported monthly ADV will represent total volumes traded across its 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. The firm's clients can leverage the deep and diverse FX liquidity available through Integral platforms and have the choice to trade any execution style required, all within an integrated environment.