Copenhagen based Retail FX and CFDs broker Saxo Bank has released client trading metrics for the month of April 2023, indicating that the company had its slowest month so far this year.
Overall, total client trading volumes at Saxo Bank came in at $318.7 billion, down 34% MoM from March’s $482.1 billion. Saxo saw double-digit percent declines in the trading volume of all its asset groups, with core FX pair trading falling to its lowest level since 2021, at $102.8 billion.
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