Copenhagen multi-asset class broker – Saxo Bank – published on Monday summarized data for the February market activity. The report clearly shows a MoM decline in trading volumes. The total amount of the monthly trading volumes was $265 billion in February – which is 13.2% less comparing to January’s $304 billion.
ADV indicator for February totaled $13.2 billion – just 4.4% less than in January ($13.8 billion). We can see, that a smaller number of working days in the past month, has played a key role in the overall decline in volumes. Average daily volumes indicator is calculated for a single working day.
Saxo Bank clients trading deposits reached in February a $8.67 billion level – giving an increase of 6.9% ($560 million) in comparison to January results ($8.11 billion). The indicators also show a decline in YoY trading volumes. In February 2013, they totaled $368 billion and ADV was $18.4 billion. Both figures went down by 28.3% in February 2014.
