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FxPro Q3 operating metrics - trading volume up to $302 billion

Oct 13 2011
By
Forexbrokerz.com
FxPro Financial Ltd (FxPro) a leading global forex broker today announced its operating metrics for the third quarter of 2011.
 
Volume traded for Q3 2011 was $302 billion, up by 3.4% over Q2 2011 and 32.5% higher than the corresponding quarter in 2010. Volume in Q3 2011 was the highest since Q1 2009 with the exception of the second quarter of 2010 which was characterised by highly increased volatility in May 2010.
 
The most-traded currency pair was EURUSD with a 53% contribution to volume with GBPUSD representing only 17% and AUDUSD 5%.
 
Trading from clients in Asia increased slightly to 50% of total volume up from 49% in Q2 with European client volume reducing slightly to 34% in Q3 from 35% in Q2. Both regions remain significant as they contribute 85% of total volume traded.
 
Revenue per $ million increased to $90.3 registering an increase of 12.7% from Q2 2011 and 4.6% lower than the corresponding quarter in 2010.
 
At the end of Q3 2011 FxPro had 17,932 tradable accounts[1] and 14,639 active accounts[2] up from 14,574 at the end of Q2 2011.
 
FxPro operating metrics can be found at: http://www.fxpro.com/group/company/operating-metrics
 
Notes
 
1 A tradeable account is an account that has sufficient funds to execute a trade.
2 An active account is an account that has executed at least one trade in the last three months.
 
About FxPro
 
FxPro Financial Services Limited (FxPro) is an award-winning global forex broker. Providing both institutional and retail offerings to clients in more than 150 countries it offers advanced trading facilities through a full range of platforms that includes MT4 and an innovative new ECN platform - cTrader - supported by industry-leading market news and outstanding levels of customer support 24 hours a day. FxPro's goal is to be the world's preferred forex broker and it has become the first choice for forex traders needing user-friendly market access and a superior trading infrastructure and support.
 
With offices in the UK, France, Spain, Austria, Russia and Cyprus, FxPro is authorised and regulated by the Cyprus Securities and Exchange Commission, under licence number 078/07, and operates under the EU Markets in Financial Instruments Directive (MiFID).
 
FxPro UK Limited is authorised and regulated in the United Kingdom by the Financial Services Authority (FSA), registration number 509956. Registered address 13/14 Basinghall Street, London, EC2V 5BQ.
For further information, please visit http://www.fxpro.com.
TAGS: fxpro  fxpro account  fxpro volume  fxpro forex  fxpro forex broker 

More news about FxPro

Forex
Broker Country Regulation Platform Min Deposit Review
Cyprus, UK, Mauritius CySec, FCA, FSC MT4, MT5, Web $10 Review Website
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cTrader
$100 Review Website
Australia, Cyprus ASIC, CySEC MT4, MT5, Iress $100 Review Website
Cyprus, Australia CySec, ASIC MT4, MT5 $5 Review Website
UK, Australia, South Africa FCA, ASIC, FSCA MT4, Trading
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UK, Cyprus, UAE, South Africa FCA, CySEC, DFSA, FSB MT4, MT5, FxPro
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Cyprus CySEC MT4, MT5, Web $1 Review Website
Belize IFSC MT4, MT5 $100 Review Website
Cyprus, UK, South Africa, UAE CySec, FCA, FSCA, DFSA MT4, MT5, Web $5 Review Website
UK FCA MT5 $5 Review Website
UK FCA MT4, Web, MT4
for Mac
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