FXall sees jump in MoM and YoY daily trade volume

FX Alliance  the leading independent global provider of electronic foreign exchange trading solutions, today announced total average daily volume for

FX Alliance  the leading independent global provider of electronic foreign exchange trading solutions, today announced total average daily volume for May 2012 of $90.0 billion, an increase of 1% from the previous month and a 5% increase from May 2011.

FXall’s share price is currently $16.52

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Average daily volume in May for Relationship Trading and Active Trading was $69.5 billion and $20.5 billion respectively.

FXall reports all of its trading volumes counting one side of each transaction (single count basis).

FXall is a driving force in the ECN market competing with the big 3 – HotSpot, Currenex and 360T. It was awarded Best Independent Multibank Platform for Eleventh Consecutive Year in Euromoney FX Poll 2012 and the  “Best Platform for Asset Managers” at the Profit & Loss Readers’ Choice Digital Markets Awards 2012.

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