Saxo Bank to publish monthly volume data

copenhagen

Saxo Bank is to begin publishing monthly volume figures, with plans to publish the data online on the fifth day of every month as it seeks to meet an increased market drive towards greater transparency.

The decision to publish volume data comes at a time when trading volume is under pressure across the board. The first set of data, published today, reveals that average daily volume fell from $19.4 billion in January to $11.9 billion in July. Although the bank does not disclose volume in

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