Integral, a forex technology specialist, has reported that average daily volumes (ADV) across its platforms totalled USD39.0 billion in March 2019, an increase of 17 per cent compared to the previous month and 8.8 per cent more than March 2018.
“Our growth in March was driven by a combination of new customers beginning to trade on the Integral platform and existing customers expanding their business,” says Harpal Sandhu, CEO of Integral. “Our clients are deriving greater value from Integral as they trade more, and other market participants understand the benefits of accessing the richest pool of liquidity, so they continue to join the Integral ecosystem.”
No other platform reaches as many, as varied, and as comprehensive a set of FX products and participants as Integral OCX TM. Banks, brokers, and asset managers now share direct access to OCX and use this unique liquidity to win market share from their competitors.
OCX is directly cross connected with more than 250 liquidity sources supplying more than 3,000 market making streams in NY4, LD4, and TY3. OCX’s award-winning advanced market design delivers the ultimate in execution performance by combining resting limit orders, market-making streams, and midpoint interest in a single integrated high-performance venue.
$2bn tech-focused hedge fund SoMa Equity Partners to shutter
San Francisco-based hedge fund SoMa Equity Partners is winding down after returning capital to investors, bringing the curtain down on a…
More
Arcana hires former Goldman Sachs exec to Lead EMEA expansion
Portfolio intelligence provider Arcana has appointed former Goldman Sachs executive Rhys Williams as head of EMEA, as the technology firm…
More
ExodusPoint adds Pictet trader to London equities team
Multi-strategy hedge fund major ExodusPoint Capital Management has strengthened its London equities operation with the appointment of Jade…
More