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.