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FxPro execution statistics for Q2 2016: Positive slippage continues to grow, requotes shrink further

Aug 22 2016 13:10:11 GMT
By
Stanimir Zhelev , ForexBrokerz.com Find me on Google+

Keeping in line with its transparency policy, leading EU broker FxPro has reported key execution statistics for the second quarter of 2016, ending June 30. According to the data provided, orders executed with positive slippage continued to dominate in Q2, rising to almost 50%. The figure represents an increase by 5.5% over the quarter and by more than 10%, compared to the same period a year earlier.


Furthermore, during the April-June period FxPro’s trades executed with requotes dove to just 4.2% in Q2 2016, falling both QoQ and YoY. Besides, negative requotes shrunk to 2.3 percent, which represents a decrease by 17.8 QoQ and by over 20% YoY.

 

Period   Slippage       Requotes  
  Positive Negative At Quote   Total Positive Negative
Q2 2016 49.5% 20.4% 30.2%   4.2% 1.9% 2.3%
Q1 2016 46.9% 21.3% 31.8%   5.0% 2.2% 2.8%
Q2 2015 44.9% 20.7% 34.4%   5.3% 2.4% 2.9%


The broker demonstrates a systematical approach to publishing execution statistics for more than a year now. The purpose of this move is to provide traders with valuable information about their services, and to encourage greater transparency in the FX industry on the whole.


FxPro is a leading online brokerage, regulated by Cyprus’ Securities and Exchange Commission (CySEC) and UK’s Financial Conduct Authority (FCA). It offers complete services for all segments of the retail forex market, as well as trading in futures, indices, metals, shares, and CFDs on a number of trading platforms. What is more, FxPro enables clients to access top-tier liquidity and is one of the few to provide Negative Balance Protection. 

 

TAGS: fxpro  fxpro slippage  fxpro execution  slippage  execution 

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