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 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.
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Speaking about the growth in trading volumes, CEO of Alpari (UK) Limited, Daniel Skowronski said in a statement: “Forex 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.”