“April Showers Bring May Flowers”: Alpari Posts Another Volume Record for May 2013

May is turning out to have been a very strong month for retail brokers. Following all-time records that were announced earlier this month from GMO Click Securities, FXCM, and DMM Securities, Alpari has just released their May volume results. During the month, trading volume exceeded $260 billion, which was 6.1% above April’s $245 billion figure. The May volumes are a record for Alpari and mark for consecutive months of all-time highs from the broker.

Commenting on the record volumes, Daniel Skowronski, Chief Executive Officer, Alpari (UK) Limited, stated “Alpari has seen a steady growth in trading volumes throughout the year. This is due to the increased 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 in the markets and it’s also a testament to the strength of Alpari’s product and service offering.”

With the exception of Monex Group, Saxo Bank, and EBS, May has proven to have been an active month for spot FX trading venues and brokers, with volumes above April levels. Looking ahead, among reporting venues, we expect to see May figures from Gain Capital and Hotspot FX shortly. In regards to Gain Capital, their CEO Glenn Stevens alluded to May volumes topping April levels during his presentation at the Sandler O’Neill Global Exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv Read this Term and Brokerage Conference last week.