ITS sets fresh daily turnover record of $84 million
The international trading platform ITS recorded a new daily turnover record of $84 million on 27 January 2025, which is 2.6 times higher than the previous trading day.
Monday’s surge in trading activity followed a global sell-off of leading technology stocks after the presentation of DeepSeek, an AI project from a Chinese developer that challenged well-known neural networks such as ChatGPT.
“Monday’s sell-off was significant, with a sharp increase in market volatility and trading activity. We are already seeing a market reversal, so it is highly likely that the recent sell-off will be remembered as a short-term event, as it affected a relatively narrow range of stocks and did not spread across the broader market.,” noted Pavel Pakhomov, Director of ITS’s Analytics Department.
Among the biggest decliners during Monday’s session were shares of Broadcom (AVGO -17.40%), Nvidia (NVDA -16.97%) and Oracle (ORCL -13.79%).
Trading volume on ITS continues to grow, driven by a rising number of investors and trading instruments. Periods of market volatility also contribute to higher trading volumes on ITS, where investors can respond to global news during the platform’s 17-hour trading session, executing transactions at the best global market prices and in any required volume, supported by best execution principles and smart order routing technology.
About ITS
ITS is an international liquidity hub. Central to ITS's business model are the principles of best execution and smart order routing technology. These principles enable investors to execute securities transactions at the best prices available on the global financial market, regardless of the transaction volume. This technology ensures that the liquidity for foreign securities on ITS matches that of leading international platforms where these securities are traded.
ITS Central Securities Depository Limited, the central depository for ITS, offers depository services for the storage and settlement of securities. The depository has received Qualified Intermediary with primary withholding responsibility (WQI) status from the U.S. Internal Revenue Service (IRS).
Operating a clearing house that acts as a Central Counterparty, ITS assumes the counterparty role for all obligations of clearing participants and manages the clearing process for transactions on the ITS trading platform.
ITS also calculates its own indexes: the ITS World index (ITSW) and the ITS Shariah index (ITSS).
ITS's direct clients include professional securities market participants from Kazakhstan and other countries, such as financial intermediaries who are accredited and directly registered at the AIFC. Investors, both private individuals and legal entities, access trading through these financial intermediaries, such as brokers and banks.
ITS Press Service
pr@itsx.kz