Integral Posts 5.1% MoM ADV Decline due to August Lull

Integral reported that the customers’ average daily volumes (ADV) across all offered platforms came in at $46.3 billion in August 2022. The figures released on Monday represent a monthly decline of 5.1 percent but a year-over-year gain of 4.8 percent.

The reported ADV represents trading activities across all Integral's platforms, which includes TrueFX, the spot trading venue offered by the company, and Integral OCX, which is the ECN service for institutions.

The monthly decline was expected as its an industry-wide trend due to the effects of the summer holidays in trading. Other retail and institutional trading Institutional Trading Institutional trading can be characterized as individuals or entities with the ability to invest in securities that are not available to retail traders directly.This includes specific investments such as FX forwards or swaps, among others.There are many types of players in the institutional trading space. These include central banks, retail and commercial banks, internet banks, credit unions, savings, and loan associations, investment banks, investment companies, brokerage firms, insurance companies, and mortgage companies. The biggest institutional investors in the United States includes Blackrock, Vanguard Asset Management, State Street Global Advisors, and BNY Mellon Investors.Institutional traders are making trades for banks, insurance companies, or even hedge funds. It is estimated that institutional forex investors control approximately 70% of the market. By extension, retail traders make up only about 5.5% of the market, while rest is comprised of central banks such as the US Federal Reserve and the European Central Bank (ECB). Institutional Traders ExplainedInstitutional traders buy and sell securities for accounts they manage for a group or institution. Institutional investors buy and trade in all markets and on all exchanges. Only certifiable individuals can become institutional traders. To be an institutional trader, you must take exams to become a registered representative or broker. Institutional traders buy and sell securities for accounts they manage for a group or institution. Pension funds, mutual fund families, insurance companies, and exchange-traded funds (ETFs) are also familiar assets used by institutional traders.Of note, institutional traders can affect the market in ways that ordinary retail traders cannot. Since institutional traders can engage in larger volumes, these trades potentially can greatly impact the share price of a security. As such, many traders often may split trades among various brokers or over time in order to not make a material impact. Institutional trading can be characterized as individuals or entities with the ability to invest in securities that are not available to retail traders directly.This includes specific investments such as FX forwards or swaps, among others.There are many types of players in the institutional trading space. These include central banks, retail and commercial banks, internet banks, credit unions, savings, and loan associations, investment banks, investment companies, brokerage firms, insurance companies, and mortgage companies. The biggest institutional investors in the United States includes Blackrock, Vanguard Asset Management, State Street Global Advisors, and BNY Mellon Investors.Institutional traders are making trades for banks, insurance companies, or even hedge funds. It is estimated that institutional forex investors control approximately 70% of the market. By extension, retail traders make up only about 5.5% of the market, while rest is comprised of central banks such as the US Federal Reserve and the European Central Bank (ECB). Institutional Traders ExplainedInstitutional traders buy and sell securities for accounts they manage for a group or institution. Institutional investors buy and trade in all markets and on all exchanges. Only certifiable individuals can become institutional traders. To be an institutional trader, you must take exams to become a registered representative or broker. Institutional traders buy and sell securities for accounts they manage for a group or institution. Pension funds, mutual fund families, insurance companies, and exchange-traded funds (ETFs) are also familiar assets used by institutional traders.Of note, institutional traders can affect the market in ways that ordinary retail traders cannot. Since institutional traders can engage in larger volumes, these trades potentially can greatly impact the share price of a security. As such, many traders often may split trades among various brokers or over time in order to not make a material impact. Read this Term venues also posted a demand decline in August.

Finance Magnates earlier reported that the forex trading Forex Trading Forex trading is the buying and selling of foreign currencies with the aim of generating a profit. The value of currencies, especially floating currencies, fluctuate to varying degrees. This constant volatility of exchange rates opens the door for speculators to invest in a certain currency against another. The Forex market is the world’s biggest and most liquid market, with over $5 billion turnover every single day, with the market being open 24 hours a day, 5 days a week.It goes without saying that forex trading is a very attractive market for not only banks and hedge funds, but even for the small individual trader, due to the low barriers for entry. One literally only needs a computer with an internet connection, and some money deposited with a forex broker. As a simple example, if you were very confident that the Euro (EUR) was going to gain strength against the US Dollar (USD) in the mid to long term, then you may decide to buy (or go long on) EUR/USD. If the EUR/USD was trading at 1.1500 at the time of purchase, a €10000 investment would have cost you $11500. As time goes by, if the EUR/USD gets stronger, e.g. its exchange rate moves to 1.2000 over the course of a few months, and you decided to close your trade there and then, you would have netted $12000, i.e. a profit of $500. No One-Size-Fits-All Approach to Forex Trading Whilst forex trading is easy to delve into, it’s notoriously difficult to master, especially for those without a financial background. A lot of time and effort is needed to practice trading on demo and eventually on real accounts. No doubt it takes dedication, discipline and patience, along with developing an edge to beat the market. That edge is gained by studying at least one of two fields, known as technical analysis and fundamental analysis. The former involves looking at currency charts, seeking out certain patterns using tools and software known as price action and indicators to help determine which way a particular forex pair may meander.By extension, the latter involves focusing on the latest news reports and geopolitical situation of the countries involved. Forex trading is the buying and selling of foreign currencies with the aim of generating a profit. The value of currencies, especially floating currencies, fluctuate to varying degrees. This constant volatility of exchange rates opens the door for speculators to invest in a certain currency against another. The Forex market is the world’s biggest and most liquid market, with over $5 billion turnover every single day, with the market being open 24 hours a day, 5 days a week.It goes without saying that forex trading is a very attractive market for not only banks and hedge funds, but even for the small individual trader, due to the low barriers for entry. One literally only needs a computer with an internet connection, and some money deposited with a forex broker. As a simple example, if you were very confident that the Euro (EUR) was going to gain strength against the US Dollar (USD) in the mid to long term, then you may decide to buy (or go long on) EUR/USD. If the EUR/USD was trading at 1.1500 at the time of purchase, a €10000 investment would have cost you $11500. As time goes by, if the EUR/USD gets stronger, e.g. its exchange rate moves to 1.2000 over the course of a few months, and you decided to close your trade there and then, you would have netted $12000, i.e. a profit of $500. No One-Size-Fits-All Approach to Forex Trading Whilst forex trading is easy to delve into, it’s notoriously difficult to master, especially for those without a financial background. A lot of time and effort is needed to practice trading on demo and eventually on real accounts. No doubt it takes dedication, discipline and patience, along with developing an edge to beat the market. That edge is gained by studying at least one of two fields, known as technical analysis and fundamental analysis. The former involves looking at currency charts, seeking out certain patterns using tools and software known as price action and indicators to help determine which way a particular forex pair may meander.By extension, the latter involves focusing on the latest news reports and geopolitical situation of the countries involved. Read this Term ADV on both Cboe and FXSpotStream declined last month. While ADV on Cboe FX dropped marginally to $37.16 billion from $38.18 billion, FXSpotStream witnessed a drop of 4.9 percent.

On the retail side, Saxo Bank posted a month-over-month ADV decline of 13 percent as it dropped to $4.8 billion in August.

A Major Technology Provider in the FX Industry

Established in 1993, Integral offers technology to forex trading platforms. It primarily provides cloud-based SaaS FX workflow solutions and targets a broad range of buy-side forex market participants, including banks, brokers, asset managers, and hedge funds.

“Integral’s cloud-based SaaS FX workflow solutions have been designed to meet the trading needs of the widest variety of buy-side FX market participants,” the company stated. “Clients leverage the deep and diverse FX liquidity available through our platforms within an integrated environment.”

Meanwhile, Integral also strengthen its sales division with a few hires recently. It onboarded two Directors of Sales, Roland Schilling and Paul Spillman.