Alpari RU has reported its volumes for the month ending May 2015, which underscored a slight increase MoM, according to an Alpari RU statement.
The most recent metrics at Alpari RU follow on the heels of April 2015, having witnessed trading volumes in Russia and the Commonwealth of Independent States (CIS) of $91.4 billion, down -5.7% MoM from March 2015 and -14.6% lower YoY from April 2014.
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As for the month ending May 2015, total trade turnover in Russia and the CIS countries saw an increase of almost 4% MoM to over $95 billion, up from $91.4 billion in April 2015. Alpari RU pointed to steadfast growth across the EUR/USD and GBP/USD currency pairs, which orchestrated a jump of 11% and 15% MoM respectively in May 2015.
Despite the tepid rise in volumes, not every aspect of Alpari RU’s business has been on the uptick as of late. As recently as March, Alpari RU and its international units terminated an offering of almost all CFDs (contracts for difference) then available to their clients, citing low demand.