Over the month of July, Alpari clients in Russia and the CIS traded a total of 152.9 billion USD in volume, a 13-percent increase from the month of June and a new record for the company. This is already the 5th month in 2013 that Alpari has posted record volume numbers.
Alpari clients traded more than 1.2 million lots in July, another new record. The company's customer base also continues to grow – by month’s end, there were more than 920 thousand client accounts open at Alpari.
"The geopolitical situation in the Middle East, the uncertainty surrounding the decisions of the world’s central banks and conflicting macroeconomic reports have led to heightened volatility in the markets. At the same time, speculators have cut back on trading the yen, as the monetary and foreign exchange policy of the Bank of Japan has been difficult to pin down," commented Alexander Razuvaev, head of Alpari’s analytical department.
The largest absolute increase in trading volume at Alpari was seen on the EURUSD pair, up 11 billion USD (16%) from the previous month, while trading on GBPUSD was up 8 billion USD (41%). Trading on the yen was down in July, with a combined 3 billion USD drop in trading volume on USDJPY and EURJPY. The 3 most-traded pairs for the month were: EURUSD, representing 54% of Alpari's total trading volume; GBPUSD – 19%; and USDJPY – 9%.
Alpari is one of the world’s leading names in online Forex trading, serving clients in 150 countries across the globe, with offices in London, Frankfurt, Tokyo, Dubai, New York, Shanghai and Moscow.