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Alpari trading volumes up 31% in September

Alpari, a global forex broker with offices in London, New York, Tokyo and Shanghai, today announced trading volumes in excess of $217 billion for the month of September. This is 31% higher than August - quite in line with the results of all other major forex brokers, including FXCM (38% increase), Forex.com (30% increase) and Oanda, which closed the books on September with a record-breaking trading volume.

 

Forex, precious metals and commodity trading proved particularly robust during September. Comprehensive analysis of the Scottish referendum - which included Bloomberg TV's live coverage from the Alpari offices - helped to drive trade in GBPUSD, while EURUSD also saw a significant jump in volume. In addition, gold and oil continued to see exponential growth on the back of an ongoing press campaign.

 

Hannah Hill, Global Head of Marketing commented: "The traditional summer respite has now come to an end, and this is clearly reflected in the significant increase in trading volume month-on-month. Looking ahead, we're anticipating a further strong take-up of our latest FX trading cashback promotion in the final quarter, which proved to be a success early in the summer."

 

The updated autumn Alpari UK cashback promotion will have cashback options available in sterling and euros as well as the US dollar. The previous promotion over the summer generated almost $1 million in deposits.

 

About Alpari 

 

Alpari (UK) Limited is an independent entity within the association of Alpari companies ("Alpari"). Alpari serves global clients from offices in over 20 countries. Our locations include London, New York, Tokyo, Shanghai (Representative Office), Dubai, Moscow, Mumbai and Frankfurt.

 

Alpari has a number of high-profile sponsorships, including the Alpari World Match Racing Tour (title sponsor) and West Ham United FC (principal sponsor).

 

Risk warning: Forex, spread bets and CFDs are leveraged products. They may not be suitable for you as they carry a high degree of risk to your capital and you can lose more than your investment.

TAGS: Alpari  trading volumes  operating metrics 

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