Alpari Russia has just released its January 2015 turnover in Russia and the CIS countries, having come in at just $88 billion during the first month of the calendar year amid an industry-wide bout of volatility surrounding last month’s SNB decision.
Roughly a month ago, Alpari Russia reported its trading volumes during December 2014, which remained virtually flat month-over-month at $90 billion. Overall, this amounted to a 2.0% loss month-over-month of volumes.
January 2015 figures represent a decline of 2.2% month-over-month in trading volumes. According to the company’s announcement, January 2015 saw a notable increase in EUR/USD trading, corresponding to its solidification as the most popular trading pair (12%).
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The group have seen a shake up as the separate entity of Alpari UK Limited was placed under special administration.
In the wake of January 15th’s game changing event, it seems that the Russian branch is aiming to fill in the gaps created by the demise of Alpari UK, as the latter’s major shareholder and founder, Andrey Dashin, has secured the intellectual property of the brand. The move “has a strategic significance and is opening a new chapter for the development of the brand which works with Russian and CIS clients,” according to dashin.