Alpari Announces September Combined Volumes of $260 Billion Across its Global Companies
Alpari publishes combined September volumes for the association of companies, showing a slight decline from the record high set in
Combined trading volumes were reported today across all entities under the association of Alpari companies, and across all products totaling $260 billion (bln) for the month of September 2013.
This number is slightly lower than the record high set in August of $280bln, during a month where most brokerages saw lower volumes blamed by the summer holiday.
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The dip in September from August for Alpari, may be due to recent events such as the new strategy in the US, and reorganization of its Germany office. Other seasonal changes in the firm’s order flow may also be the reason for September’s outcome, although it is still close overall to the 3 month average of the previous quarter of $263bln.
This news follows on last week’s report from Alpari RU, the largest contributor to the association’s combined metrics, that had reported a slight drop in September from August, despite higher totals over last September and a strong start for 2013 through August.
The latest news from the UK entity of its newly empowered ECN technology is anticipated to increase customer retention and trade volumes according to the company’s expectations, which will be something of interest for future review.
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Next month, there will be news..Uk got sold to CMC
They are definitely counting volume twice.
I agree with Ron. CMC dude still wears expensive watch btw!!
What makes anyone think alpari is up for sale ? They just became principal west ham sponsor !
you little above “Right Price”
Not an FX topic, but does anyone want to throw a guess out there as to how much the West Ham sponsor cost Alpari?
I appreciate your point but whats lead to this specific rumour. Can anyone here shed any light ? They must have good profits to be sponsoring w ham so would have to be a high bid.
@Michael and Rob,
Thank you for the insight.