According to an official announcement issued by Alpari Russia, the trading volumes at the brokerage have remained more or less flat month-on-month at a reported $90 billion. In contrast to the broader industry, Alpari Russia is reporting lower figures in the month of November, most likely due to the Russian markets turmoil.

This marks a solid month in light of the holidays in the West, but most of the Russian holidays will still be discounted in January 2015, due to the Orthodox Christmas.

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Volumes at Alpari Russia for the past couple of months have underperformed the broader market somewhat. While the company has repeatedly stated that it has no affiliation with Alpari UK, the firm’s reputation could be affected by the Swiss franc turmoil which led to the demise of the FCA regulated entity.