This year continues its pattern of not only total recovery from last year’s industry-wide lull in trading volumes, but serves to bolster the confidence of pretty much every trading firm as each month rolls by.
Alpari today released its volume figures for June, completing the month with a total combined monthly trading volume exceeding $243 billion. Although down slightly compared to May’s record $260 billion figure, it still represents a satisfactory figure for the firm.
Further attesting to strong trading volumes this year in general is Alpari’s string of consecutive record monthly figures, in the four months preceding June, culminating in May’s $260 billion result.
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An eventful year at Alpari, the firm has ventured into previously unchartered territories for FX firms this year, with its sponsorship of British Premier League soccer team West Ham United, as well as establishing its forex training facility Alpari Academy in other jurisdictions subsequent to its successful takeup in Russia.
In other parts of the world, there have been some quite astonishing volume figures during the month of June. Japanese firm DMM Securities passed the $1 trillion mark accompanied by stablemate GMO Click which also posted volumes of over $1 trillion during June, a not inconsiderable 34% increase for the firm in terms of average daily volumes.
Other strong performances worthy of note during the same month were demonstrated by both Thomson Reuters and FXall registered record voumes, with Thomson Reuters experiencing a 5% rise over the previous month at $147 billion.