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Saxo Bank has slowest month of 2022 with July volumes at $322B
Copenhagen based Retail FX and CFDs broker Saxo Bank has reported its client trading metrics for July 2022, indicating that the company had its slowest month volume-wise since November 2021. Overall, Saxo Bank multi asset trading volumes came in at $322 billion, down 19% from June’s $399 billion, with all four of its product categories seeing double digit percent MoM declines in activity. chart In summary for July: FX trading volumes $115.9 billion, -24% MoM. Equities $166.2 billion, -13%. Commodities $32.3 billion, -17%. Fixed Income $7.7 billion, -51%. Despite the July decline – which seems to be a seasonal ... (full story)