Conversely to rest of the market FXAll's April 2012 volumes are down only 2%
Most 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 brokers are reporting double digit drop in Forex Trading Forex Trading Forex trading is the buying and selling of foreign currencies with the aim of generating a profit. The value of currencies, especially floating currencies, fluctuate to varying degrees. This constant volatility of exchange rates opens the door for speculators to invest in a certain currency against another. The Forex market is the world’s biggest and most liquid market, with over $5 billion turnover every single day, with the market being open 24 hours a day, 5 days a week.It goes without saying Forex trading is the buying and selling of foreign currencies with the aim of generating a profit. The value of currencies, especially floating currencies, fluctuate to varying degrees. This constant volatility of exchange rates opens the door for speculators to invest in a certain currency against another. The Forex market is the world’s biggest and most liquid market, with over $5 billion turnover every single day, with the market being open 24 hours a day, 5 days a week.It goes without saying Read this Term volumes, FXCM reported a 27% drop while Swissquote reported a whopping 35% decrease.
FXAll's volumes in April 2012 were down only 2% when comparing to March 2012 showcasing that diversified FX ECNs can be prone to volatility trends.
NEW YORK, NY, May 9, 2012 - FX Alliance Inc. ("FXall") (NYSE: FX), the leading independent global provider of electronic foreign exchange trading solutions, today announced total average daily volume for April 2012 of $88.6 billion, a decrease of 2% from the previous month and an 8% increase from April 2011. Average daily volume in April for Relationship Trading and Active Trading was $69.5 billion and $19.1 billion respectively. FXall reports all of its trading volumes counting one side of each transaction (single count basis).
Most 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 brokers are reporting double digit drop in Forex Trading Forex Trading Forex trading is the buying and selling of foreign currencies with the aim of generating a profit. The value of currencies, especially floating currencies, fluctuate to varying degrees. This constant volatility of exchange rates opens the door for speculators to invest in a certain currency against another. The Forex market is the world’s biggest and most liquid market, with over $5 billion turnover every single day, with the market being open 24 hours a day, 5 days a week.It goes without saying Forex trading is the buying and selling of foreign currencies with the aim of generating a profit. The value of currencies, especially floating currencies, fluctuate to varying degrees. This constant volatility of exchange rates opens the door for speculators to invest in a certain currency against another. The Forex market is the world’s biggest and most liquid market, with over $5 billion turnover every single day, with the market being open 24 hours a day, 5 days a week.It goes without saying Read this Term volumes, FXCM reported a 27% drop while Swissquote reported a whopping 35% decrease.
FXAll's volumes in April 2012 were down only 2% when comparing to March 2012 showcasing that diversified FX ECNs can be prone to volatility trends.
NEW YORK, NY, May 9, 2012 - FX Alliance Inc. ("FXall") (NYSE: FX), the leading independent global provider of electronic foreign exchange trading solutions, today announced total average daily volume for April 2012 of $88.6 billion, a decrease of 2% from the previous month and an 8% increase from April 2011. Average daily volume in April for Relationship Trading and Active Trading was $69.5 billion and $19.1 billion respectively. FXall reports all of its trading volumes counting one side of each transaction (single count basis).