Alpari Bags Another Record Month of Trading Volumes in July

Alpari, a leading financial services companies worldwide, have reported trading volumes for the month of July. The firm has been on the receiving end of an uptake in trading activity as 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 has been keeping traders alert and driving volumes across FX and other asset classes.

Total trading volume for the month reached a staggering $270 billion, an 11% increase from a month earlier where the broker reported $243 billion. The company saw average daily volumes reach the $11 billion mark, thus placing the firm in strong position among its peers.

Speaking about the growth in trading volumes, CEO of Alpari (UK) Limited, Daniel Skowronski said in a statement: “Forex Forex Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Read this Term traders have taken advantage of opportunities arising from higher volatility in the markets throughout the first seven months of 2013. For Alpari to achieve record trading volumes month after month highlights the quality of our global product and service offering.”