Italian trading platform Directa expects execution volume to surge 53% in 2020

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Directa, Italy's main trading platform, shared its 2020 trading indicators, showing a significant increase in its trading volume. There has been a significant increase in transactions executed on this platform. Compared with 2019, the total number of trading orders executed by the brokerage company during the same period increased by 53.3%.

In addition, the Italian platform specified that the number of orders executed on the Italian stock market increased by more than 40%, while orders with the Italian stock exchange increased by 35.8% year-on-year. The demand for US-listed stocks has surged, surpassing the demand in the domestic market, and its order execution volume has surged by 273% over the same period last year. This surge may be mainly due to the economic blockade caused by the new crown pneumonia, which has triggered stock market volatility, and this has become a boon for brokers.

In addition, Directa emphasized that intermediary transactions have grown significantly, and demand for brokerage business has increased by 17.4%, almost twice the industry growth of 9.6%.

In addition, the demand for futures on the platform has risen sharply in all markets. The annual growth of inter-bank-listed contracts is 30.8%, the European Futures Exchange is 38.8%, and the Chicago Mercantile Exchange is 42.9%.

Directa has been operating since 1996 and is one of the oldest trading platforms in Italy. With the development of time, it has begun to provide digital instant execution services. Similar to other trading platforms, Directa's customer activity has also increased significantly, with new accounts on the platform increasing by 33.5% last year.

Reprinted from Wikifx, the copyright all reserved by the original author.