Posted By Gbaf News
Posted on July 3, 2018
Integral OCX average daily volumes grow to $39.9 billion in June
Integral (www.integral.com), the technology partner trusted by leading banks, brokers, and asset managers to help them outperform their competition in the foreign exchange market, reported today record consolidated FX volume as their white label clients continue to expand market share. Average daily volumes (ADV) across Integral platforms totaled $39.9 billion in June 2018, up 2.8% from May 2018.
Compared to June 2017, volumes on the Integral platform have grown by 30%. This total reflects single count trading volumes originating from BankFXTM, MarginFXTM , InvestorFXTM, and Integral MTFTM in all transaction types, including spot, forwards, and swaps.
No other platform reaches as many, as varied, and as comprehensive a set of FX products and participants as OCX. Banks brokers and asset managers now share direct access to OCX and use this unique liquidity to win market share from their competitors.
“Integral continues to work closely with clients to increase their competitive position through market leading liquidity and integration,” said Harpal Sandhu, CEO of Integral. “In a highly commoditized and competitive market, the firms that have the most powerful tools and tightest spreads win.”
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.
About Integral
Integral is a financial technology company that helps its customers—banks, brokers, and asset managers—outperform their competition in the foreign exchange market through innovative solutions for workflow management and advanced execution. This powerful cloud-based platform is the industry’s only answer for FX institutions that want to design and deliver complete solutions tailored to their businesses. Integral’s modern approach of addressing the entire FX lifecycle with an intelligent platform allows its customers to achieve the lowest transaction costs, greatest operational efficiency, and highest yield. Founded in 1993, Integral maintains development, support, and sales offices in Palo Alto, New York, London, Tokyo, Singapore and Bangalore.
©2018 Integral Development Corp. All rights reserved. Integral technology is protected under U.S. Patent Nos. 6,347,307; 7,882,011; 8,417,622; 8,862,507, 9,412,134; 9,836,789, and patent pending applications and related intellectual property.