Alpari UK Trading Volumes Stabilize Further in October, Ticking up 2%
- A cash-back promotion lasting throughout the second half of the month in tandem with increasing interest in trading precious metals has contributed to a solid month at Alpari UK despite increasing competition.
After a sharp rise in trading volumes in September, Alpari UK has reported that trading volumes have increased to $221 billion marking another 2% rise, stabilizing the company's position after dismal numbers throughout the first half of the year. While many brokerages throughout the industry registered bigger increases during the month, Alpari UK's position has remained solid.
The firm relaunched its cash-back promotion in the middle of the month aiming to further drive volumes, however, it is unlikely to result in a sustained rise in trading volumes as it ends in the beginning of December.
Alpari's Global Head of Marketing Marketing Marketing is defined as the business process of identifying, anticipating and satisfying customers' needs and wants.This is a crucial element of any operation or brokerage in the financial services space. Well-funded marketing campaigns are instrumental to the survival and longevity of these companies in an increasingly competitive industry.Within the forex space, marketers perform a wide range of functions to help procure, secure, or retain clients.In particular, newer forex brokers also have t Marketing is defined as the business process of identifying, anticipating and satisfying customers' needs and wants.This is a crucial element of any operation or brokerage in the financial services space. Well-funded marketing campaigns are instrumental to the survival and longevity of these companies in an increasingly competitive industry.Within the forex space, marketers perform a wide range of functions to help procure, secure, or retain clients.In particular, newer forex brokers also have t Read this Term, Hannah Hill, commented: “We are once again very pleased to report a month-on-month improvement in trading volumes, as we continue to drive precious metals on the back of globally-significant events. In addition, our FX trading cashback promotion helps to boost Market account open rates and deposit increases, particularly across Southeast Asia and the Middle East.”
While gold prices have hit a new multiyear low, extended lows did not last long as a new set of buyers emerged to push gold prices back above $1200.
Meanwhile foreign Exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv Read this Term volatility persisting throughout the month of November and likely into next year, there is scope for trading volumes to remain on the high note into the end of the year.
After a sharp rise in trading volumes in September, Alpari UK has reported that trading volumes have increased to $221 billion marking another 2% rise, stabilizing the company's position after dismal numbers throughout the first half of the year. While many brokerages throughout the industry registered bigger increases during the month, Alpari UK's position has remained solid.
The firm relaunched its cash-back promotion in the middle of the month aiming to further drive volumes, however, it is unlikely to result in a sustained rise in trading volumes as it ends in the beginning of December.
Alpari's Global Head of Marketing Marketing Marketing is defined as the business process of identifying, anticipating and satisfying customers' needs and wants.This is a crucial element of any operation or brokerage in the financial services space. Well-funded marketing campaigns are instrumental to the survival and longevity of these companies in an increasingly competitive industry.Within the forex space, marketers perform a wide range of functions to help procure, secure, or retain clients.In particular, newer forex brokers also have t Marketing is defined as the business process of identifying, anticipating and satisfying customers' needs and wants.This is a crucial element of any operation or brokerage in the financial services space. Well-funded marketing campaigns are instrumental to the survival and longevity of these companies in an increasingly competitive industry.Within the forex space, marketers perform a wide range of functions to help procure, secure, or retain clients.In particular, newer forex brokers also have t Read this Term, Hannah Hill, commented: “We are once again very pleased to report a month-on-month improvement in trading volumes, as we continue to drive precious metals on the back of globally-significant events. In addition, our FX trading cashback promotion helps to boost Market account open rates and deposit increases, particularly across Southeast Asia and the Middle East.”
While gold prices have hit a new multiyear low, extended lows did not last long as a new set of buyers emerged to push gold prices back above $1200.
Meanwhile foreign Exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv Read this Term volatility persisting throughout the month of November and likely into next year, there is scope for trading volumes to remain on the high note into the end of the year.