Alpari’s Trading Turnover Jumps to Fresh Highs in January 2018
- 2017 turnover totals exceeded $1.3 trillion at Alpari, to surpass 2016 level by 29%.
Retail 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 broker Alpari has just reported its monthly trading volumes for January 2018, which took another step forward, ultimately adding to the December’s strong performance, according to a corporate statement.
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As the calendar flipped to 2018, Alpari disclosed that a total of $133.7 billion was traded in the first month of the new year, which represents a move higher over a monthly timeframe, as volumes jumped 7 percent month-over-month from $125 billion back in December 2017.
The continued rebound highlights the fact that the broker has been able to capitalise on the healthy bouts of 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 have been rocking financial markets in the busiest January in several years.
In connection with the increased volatility of the shared currency, which printed fresh 4-year highs last month against the US dollar, as well as optimism about the ECB’s tightening cycle, trading on EUR instruments enjoyed far greater popularity among Alpari’s clients in the previous month.
Specifically, the turnover of EURUSD increased 27 percent month-over-month, while USDJPY and EURAUD currency pairings ticked up by 12 percent and 54 percent, respectively, in January 2018.
Last month, the company reported increased levels of trading turnover in 2017. Overall, the yearly turnover totals exceeded $1.3 trillion, to surpass 2016 level by 29%.
Retail 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 broker Alpari has just reported its monthly trading volumes for January 2018, which took another step forward, ultimately adding to the December’s strong performance, according to a corporate statement.
Discover credible partners and premium clients at China’s leading finance event!
[gptAdvertisement]
As the calendar flipped to 2018, Alpari disclosed that a total of $133.7 billion was traded in the first month of the new year, which represents a move higher over a monthly timeframe, as volumes jumped 7 percent month-over-month from $125 billion back in December 2017.
The continued rebound highlights the fact that the broker has been able to capitalise on the healthy bouts of 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 have been rocking financial markets in the busiest January in several years.
In connection with the increased volatility of the shared currency, which printed fresh 4-year highs last month against the US dollar, as well as optimism about the ECB’s tightening cycle, trading on EUR instruments enjoyed far greater popularity among Alpari’s clients in the previous month.
Specifically, the turnover of EURUSD increased 27 percent month-over-month, while USDJPY and EURAUD currency pairings ticked up by 12 percent and 54 percent, respectively, in January 2018.
Last month, the company reported increased levels of trading turnover in 2017. Overall, the yearly turnover totals exceeded $1.3 trillion, to surpass 2016 level by 29%.