The average daily volume in forex instruments was $6.8 trillion. The number grew by 23.6% monthly and 3% yearly.
According to the brokerage firm, Equities demand saw an increase as well. Volume in March reached $259.9 trillion, an increase of 25% over February. The asset class grew 12.2% annually.
Fixed income instruments brought in $22.4 Million, up 180% from the previous month. On a monthly basis, commodities demand rose by 34.3% to $44.2million.
The online investment and trading specialist reported a.8% decrease in profits to DKK 711 millions, but a 7% increase in clients for 2022.
LeapRate first published the article Saxo Bank’s March FX volume jumps by 40%