Alpari Trading Volumes Tick Higher in December Buoyed by EURUSD Trading

Alpari Russia has reported its trading volumes for the month ending December 2015, which mounted a comeback after what proved to be a downtrodden November, according to an Alpari statement.

Last month, Alpari Russia saw a diminishing monthly turnover in November 2015 of $87.5 billion, having undergone a decline of -3.5% MoM from October 2015. On the whole, Alpari’s November performance was commensurate with the rest of the industry, with several industry peers suffering similar weakness during the month.

For the month ending December 2015 however, Alpari Russia saw a monthly turnover of $92.1 billion, which corresponds to a jump of 5.2% MoM from the $87.5 billion one month prior.

A major factor that contributed to the paring of November’s decline and a subsequent rebound was interest in the EUR/USD currency pair, which saw heightened interest during December 2015, swelling 10.0% - by extension GBP/USD trading also rose 3.0% during the month of December.

Alpari recently made headlines late last month after it launched a new informational service, FxWirePro. The service provides economic news and commentary directly on the MetaTrader 4 (MT4) MetaTrader 4 (MT4) MetaTrader 4 (MT4) functions as a comprehensive platform for trading foreign exchange (FX), analyzing financial markets, and using expert advisors. Despite the emergence and adoption of the newer MT5 variant, MT4 has remained the dominant and de-facto platform utilized by brokers since its release by MetaQuotes Software since 2005.MT4 is widely used in the online retail foreign exchange space by traders. The software is licensed to FXbrokers who provide the software to their clients and consists MetaTrader 4 (MT4) functions as a comprehensive platform for trading foreign exchange (FX), analyzing financial markets, and using expert advisors. Despite the emergence and adoption of the newer MT5 variant, MT4 has remained the dominant and de-facto platform utilized by brokers since its release by MetaQuotes Software since 2005.MT4 is widely used in the online retail foreign exchange space by traders. The software is licensed to FXbrokers who provide the software to their clients and consists Read this Term) Trading Platform Trading Platform In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real Read this Term targeting a wider scope of coverage and customization features.