After April’s Dip, Saxo Bank’s FX Volume Climbs 19% to $149.6bn in May

The Saxo Bank Group, a Danish investment bank specializing in online trading and investment, recorded an approximate 19% surge in its foreign exchange (forex) trading volume in May.

The forex monthly volume, which had dipped by 17% in April, climbed from $126.2 billion to $149.6 billion in May.

Additionally, the bank’s average daily volume (ADV) jumped 19%, rising from $5.7 billion in April to $6.8 billion last month.

These figures was included in the the data shared by the banking group on its website.

When compared to Saxo’s record in January, the FX total monthly trading volume in May is 38% and the ADV 31%.

The bank’s total FX trading volumes have been rising gradually since the start of the year except for the 17% tumble recorded in April.

Fixed Income and Equities

In addition, Saxo Bank saw 24% and 25% increases in its total trading and ADV fixed income volumes, respectively. The total volume capped at $10.7 billion in May.

In equity trading, Saxo saw a 30% surge in equities that peaked at $220.1 billion in total monthly volume in May. Further, equities ADV spiked 32%, reaching $10.2 billion.

Moreover, the commodities shared in the jumps in volumes in May as total trading volumes and ADV climbed 6.7% and 5.5%, respectively.

Overall

Across FX, fixed income,  equities 
Equities

Equities can be characterized as stocks or shares in a company that investors can buy or sell. When you buy a stock, you are in essence buying an equity, becoming a partial owner of shares in a specific company or fund.However, equities do not pay a fixed interest rate, and as such are not considered guaranteed income. As such, equity markets are often associated with risk.When a company issues bonds, it’s taking loans from buyers. When a company offers shares, on the other hand, it’s selling partial ownership in the company.There are many reasons for individuals investing in equities. In the United States for example, equity markets are amongst the largest in terms of transactions, investors, and turnover.Why Invest in Equities?Overall, the appeal of equities the potential for high returns. Most portfolios feature some portion of equity exposure for growth.In terms of investing, younger individuals can afford to take on higher levels of equity exposure, i.e. risk. Consequently, these people have more stocks in their portfolio because of their potential for returns over time. However, as you are planning to retire, equity exposure becomes more of a risk.This why many investors or holders of retirement accounts transition at least part of their investments from stocks to bonds or fixed-income as they get older.Equity holders can also benefit through dividends, which differ notably from capital gains or price differences in stocks you have purchased.Dividends reflect periodic payments made from a company to its shareholders. They’re taxed like long-term capital gains, which vary by country.

Equities can be characterized as stocks or shares in a company that investors can buy or sell. When you buy a stock, you are in essence buying an equity, becoming a partial owner of shares in a specific company or fund.However, equities do not pay a fixed interest rate, and as such are not considered guaranteed income. As such, equity markets are often associated with risk.When a company issues bonds, it’s taking loans from buyers. When a company offers shares, on the other hand, it’s selling partial ownership in the company.There are many reasons for individuals investing in equities. In the United States for example, equity markets are amongst the largest in terms of transactions, investors, and turnover.Why Invest in Equities?Overall, the appeal of equities the potential for high returns. Most portfolios feature some portion of equity exposure for growth.In terms of investing, younger individuals can afford to take on higher levels of equity exposure, i.e. risk. Consequently, these people have more stocks in their portfolio because of their potential for returns over time. However, as you are planning to retire, equity exposure becomes more of a risk.This why many investors or holders of retirement accounts transition at least part of their investments from stocks to bonds or fixed-income as they get older.Equity holders can also benefit through dividends, which differ notably from capital gains or price differences in stocks you have purchased.Dividends reflect periodic payments made from a company to its shareholders. They’re taxed like long-term capital gains, which vary by country.
Read this Term and commodities trading, the total volume reached $421.6 billion, which is a 23% jump from April’s posting.

Furthermore, the overall ADV from these categories is a comparable 23% increase that stood at $19.2 billion.

Saxo Bank Group is headquartered in Copenhagen, Denmark and is regulated in multiple jurisdictions.

The group, which says it holds over €86 billion in client assets, has licensed entities in the United Kingdom, France, the Netherland, Singapore and Switzerland as well as others.

The Saxo Bank Group, a Danish investment bank specializing in online trading and investment, recorded an approximate 19% surge in its foreign exchange (forex) trading volume in May.

The forex monthly volume, which had dipped by 17% in April, climbed from $126.2 billion to $149.6 billion in May.

Additionally, the bank’s average daily volume (ADV) jumped 19%, rising from $5.7 billion in April to $6.8 billion last month.

These figures was included in the the data shared by the banking group on its website.

When compared to Saxo’s record in January, the FX total monthly trading volume in May is 38% and the ADV 31%.

The bank’s total FX trading volumes have been rising gradually since the start of the year except for the 17% tumble recorded in April.

Fixed Income and Equities

In addition, Saxo Bank saw 24% and 25% increases in its total trading and ADV fixed income volumes, respectively. The total volume capped at $10.7 billion in May.

In equity trading, Saxo saw a 30% surge in equities that peaked at $220.1 billion in total monthly volume in May. Further, equities ADV spiked 32%, reaching $10.2 billion.

Moreover, the commodities shared in the jumps in volumes in May as total trading volumes and ADV climbed 6.7% and 5.5%, respectively.

Overall

Across FX, fixed income,  equities 
Equities

Equities can be characterized as stocks or shares in a company that investors can buy or sell. When you buy a stock, you are in essence buying an equity, becoming a partial owner of shares in a specific company or fund.However, equities do not pay a fixed interest rate, and as such are not considered guaranteed income. As such, equity markets are often associated with risk.When a company issues bonds, it’s taking loans from buyers. When a company offers shares, on the other hand, it’s selling partial ownership in the company.There are many reasons for individuals investing in equities. In the United States for example, equity markets are amongst the largest in terms of transactions, investors, and turnover.Why Invest in Equities?Overall, the appeal of equities the potential for high returns. Most portfolios feature some portion of equity exposure for growth.In terms of investing, younger individuals can afford to take on higher levels of equity exposure, i.e. risk. Consequently, these people have more stocks in their portfolio because of their potential for returns over time. However, as you are planning to retire, equity exposure becomes more of a risk.This why many investors or holders of retirement accounts transition at least part of their investments from stocks to bonds or fixed-income as they get older.Equity holders can also benefit through dividends, which differ notably from capital gains or price differences in stocks you have purchased.Dividends reflect periodic payments made from a company to its shareholders. They’re taxed like long-term capital gains, which vary by country.

Equities can be characterized as stocks or shares in a company that investors can buy or sell. When you buy a stock, you are in essence buying an equity, becoming a partial owner of shares in a specific company or fund.However, equities do not pay a fixed interest rate, and as such are not considered guaranteed income. As such, equity markets are often associated with risk.When a company issues bonds, it’s taking loans from buyers. When a company offers shares, on the other hand, it’s selling partial ownership in the company.There are many reasons for individuals investing in equities. In the United States for example, equity markets are amongst the largest in terms of transactions, investors, and turnover.Why Invest in Equities?Overall, the appeal of equities the potential for high returns. Most portfolios feature some portion of equity exposure for growth.In terms of investing, younger individuals can afford to take on higher levels of equity exposure, i.e. risk. Consequently, these people have more stocks in their portfolio because of their potential for returns over time. However, as you are planning to retire, equity exposure becomes more of a risk.This why many investors or holders of retirement accounts transition at least part of their investments from stocks to bonds or fixed-income as they get older.Equity holders can also benefit through dividends, which differ notably from capital gains or price differences in stocks you have purchased.Dividends reflect periodic payments made from a company to its shareholders. They’re…