Following a decline in trading volumes over the last two months of 2023, Copenhagen based Retail FX and CFDs broker Saxo Bank saw the slow activity continue into 2024, with January trading volumes totaling $375.5 billion (versus a 2023 monthly average of $399 billion at Saxo).
Volumes at Saxo were up slightly (by 1.6%) from December (a typically slow month), but remained well below the $400 billion+ figures Saxo generated throughout most of mid to late 2023.
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