Alpari Reports Increase in September Trading Volumes
- The brokerage has once again recorded positive revenues for the month reflecting an increase of 5 percent MoM.
Alpari has just reported its monthly trading volumes for September 2016, which again took a positive step adding to August’s gain, according to a statement issued by the brokerage today.
Alpari has revealed that trading volumes increased to $88.7 billion, up on August’s figure of $84.2 billion which represented a rise of 5 percent MoM. This also reflected a 3 percent increase in turnover over the prior month.
Although the volumes are still some way off from the company’s peak of $91.8 billion set back in April 2016, today’s announcement is a move in the right direction for the brokerage which now appears to be back in full swing.
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Alpari also reported that in absolute terms, the main growth driver was the Alpari EUR/USD currency pair which saw an increase of 11 percent during the month. In relative terms, the USD/CAD currency pair saw the biggest increase, revealing a rise in trading turnover of 80 percent.
The continued rebound in September illustrates how Alpari has capitalised on the recent Volatility Volatility In finance, volatility refers to the amount of change in the rate of a financial instrument, such as commodities, currencies, stocks, over a given time period. Essentially, volatility describes the nature of an instrument’s fluctuation; a highly volatile security equates to large fluctuations in price, and a low volatile security equates to timid fluctuations in price. Volatility is an important statistical indicator used by financial traders to assist them in developing trading systems. Traders In finance, volatility refers to the amount of change in the rate of a financial instrument, such as commodities, currencies, stocks, over a given time period. Essentially, volatility describes the nature of an instrument’s fluctuation; a highly volatile security equates to large fluctuations in price, and a low volatile security equates to timid fluctuations in price. Volatility is an important statistical indicator used by financial traders to assist them in developing trading systems. Traders Read this Term that has been present in the financial markets, leaving behind the weaker trading volumes of the summer months which had dogged the industry.
Alpari has just reported its monthly trading volumes for September 2016, which again took a positive step adding to August’s gain, according to a statement issued by the brokerage today.
Alpari has revealed that trading volumes increased to $88.7 billion, up on August’s figure of $84.2 billion which represented a rise of 5 percent MoM. This also reflected a 3 percent increase in turnover over the prior month.
Although the volumes are still some way off from the company’s peak of $91.8 billion set back in April 2016, today’s announcement is a move in the right direction for the brokerage which now appears to be back in full swing.
The FM London Summit is almost here. Register today!
Alpari also reported that in absolute terms, the main growth driver was the Alpari EUR/USD currency pair which saw an increase of 11 percent during the month. In relative terms, the USD/CAD currency pair saw the biggest increase, revealing a rise in trading turnover of 80 percent.
The continued rebound in September illustrates how Alpari has capitalised on the recent Volatility Volatility In finance, volatility refers to the amount of change in the rate of a financial instrument, such as commodities, currencies, stocks, over a given time period. Essentially, volatility describes the nature of an instrument’s fluctuation; a highly volatile security equates to large fluctuations in price, and a low volatile security equates to timid fluctuations in price. Volatility is an important statistical indicator used by financial traders to assist them in developing trading systems. Traders In finance, volatility refers to the amount of change in the rate of a financial instrument, such as commodities, currencies, stocks, over a given time period. Essentially, volatility describes the nature of an instrument’s fluctuation; a highly volatile security equates to large fluctuations in price, and a low volatile security equates to timid fluctuations in price. Volatility is an important statistical indicator used by financial traders to assist them in developing trading systems. Traders Read this Term that has been present in the financial markets, leaving behind the weaker trading volumes of the summer months which had dogged the industry.