Saxo Bank’s Average daily volume falls in November

Saxo Bank, one of the largest brokerage firms, known conveniently average about $247B in monthly volume reported a minor decrease in November daily volumes.  The Danish investment banksaxonov’s average daily volumes declined slightly from $17.1 billion in October to $15 billion in November.

On a general comparative basis, the figures actually shows November activities as the third best performing month in eleven months for the year so far, beaten only by September and October figures as the total trading volume for November 2014 was $299 billion, down from the $392 billion in October as the best performing month of the year .

The drop in volumes is seen as a general industry phenomenon with many other brokerage firms posting declines in their November volumes.

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