Saxo Bank’s FX clients traded worth $4.1 billion daily in March, the lowest turnover since December 2021. The Danish multi-asset brokerage reported its total monthly FX volume for April 2024 at $99.3 billion, which is up 7.6 percent from $92.4 billion a month ago. However, this figure corresponds to a yearly decrease of 3 percent compared to $103 billion in 2023. In terms of its commodities business, Saxo Bank performance was stronger in this segment after yielding an ADV of $3.2 billion last month, up from the $2.1 billion reported in March. Overall, Saxo Bank’s average daily volume across all asset classes was ... (full story)