<p>Integral, the US-based software and technology solutions provider for the fx industry released its ADV data for November on Friday, with the figures showing both a yearly and monthly decline in ADVs (average daily volumes).</p><p>The company reported that customers’ average daily volumes (ADV) across Integral platforms in November totaled $42.6 billion. Last month’s figure represents a decrease of -6.8% from the previous month and a decrease of -15.8% when compared to November 2021.</p><p>After enjoying a summer of strong trading activity, the last couple of months has seen a sharp reversal in average daily volumes in trading activity.</p><p>In October, <a href=”https://www.financemagnates.com/institutional-forex/integral-september-fx-adv-declines-by-107-mom/” target=”_blank”>Integral reported </a>the average daily volumes (ADV) across its platforms totaled $45.7 billion. October’s figure was the lowest reading in over a year. October saw an 11% decline from the $51.2 billion recorded in September 2022 and on an annual basis, saw a 9.5% from the same time last year.</p><p>The reported monthly ADV was generated across all Integral platforms, including TrueFX, the spot trading venue offered by the company, and Integral OCX, the ECN service for institutions.</p><p>Despite Intergral’s ADV figures being on a three-month losing streak, the company recently strengthened its executive positions with several external hires. The company recently onboarded <a href=”https://www.financemagnates.com/executives/moves/integral-hires-judy-goh-as-md-and-apac-sales-head/” rel=”follow” target=”_blank” class=””>Judy Goh</a> as a Managing Director and the Head of Sales for Asia Pacific. It also boosted its sales team by hiring <a href=”https://www.financemagnates.com/executives/moves/paul-spillman-joins-integral-as-director-of-sales/” rel=”follow” target=”_blank” class=””>Paul Spillman</a> and <a href=”https://www.financemagnates.com/executives/moves/roland-schilling-becomes-director-sales-at-integral/” rel=”follow” target=”_blank” class=””>Roland Schilling</a> as Directors</p>
This article was written by Finance Magnates Staff at www.financemagnates.com.
