ITS reports 7-fold increase in trading volume in January

In January, the monthly trading volume on ITS reached $670 million, marking a 7.3-fold increase from $91 million in December, the platform said in a press release available on its website. In late January, ITS attributed the rise in trading activity to a sell-off of Big Tech stocks driven by the release of the Chinese AI assistant DeepSeek.

The growing number of investors and an expanding range of financial instruments available for them have contributed to the surge in trading activity. The hub emphasized that keen market interest in new financial instruments, such as exchange-traded funds (ETFs) linked to ITS’ own indices, significantly fueled the increase in trading volume. Another factor contributing to the rise in trading volume was heightened volatility across global financial markets.

January’s top 10 most traded securities and ETFs on ITS included NVIDIA Corporation, Coinbase Global, Tesla, MicroStrategy, Direxion Daily 20+ Year Treasury Bull 3X Shares, Direxion Daily Semiconductor Bull 3X Shares, ProShares UltraPro QQQ, Boeing, MARA Holdings and Micron Technology.

As of the end of January, over 2,850 stocks, depositary receipts and ETFs from the U.S., Europe and Asia with primary listings on NYSE and Nasdaq have been available to investors on ITS, the platform said.

On Jan. 27, 2025, ITS set a new record for daily trading volume, closing the session with $84 million, exceeding the previous session’s volume by 2.6 times. The hub noted that the surge in trading activity followed the presentation of the Chinese AI assistant DeepSeek, a rival to many prominent AI assistants, including ChatGPT, which triggered a global stock sell-off of leading technological companies.

In late December, Kursiv.media reported that ITS was set to boost its monthly trading volume by 45.5 times compared to $66 million in November, reaching $3 billion in total. Two months later, the hub achieved a more than tenfold increase.