Following a 20% decline in May, client trading volumes at Copenhagen based Retail FX and CFDs broker Saxo Bank continued to fall in June 2024, with total trading coming in at $371.6 billion for the month, down 4% from the previous month.
While Equity trading was flat month-over-month at $242 billion, Saxo’s core FX trading volumes fell to another multi-year low, totaling $78.1 billion in June.
For the first half of 2024, Saxo Bank trading volumes averaged $392 billion monthly, down 2% from $399 billion in 2023.
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