We are pleased to inform you that Alpari clients from Russia and the CIS traded more than 393.3 billion USD in volume over the 3rd quarter of 2013.
"Over the 3rd quarter, in spite of the traditional lull in business activity during summer months, the company continued to demonstrate growth in its financials. Trading volume is up 61% compared to the same period last year. These numbers were driven by the continuing modernization of the products and services at Alpari as well the overall situation in the market," said Alpari CEO Boris Shilov.
The biggest rise in trading volume among currency pairs quarter to quarter was seen in GBPUSD (up 46%, or 26.5 billion USD) and AUDUSD (up 15%, or 1.9 billion USD). Trading on USDJPY was down 4.1 billion USD, returning closer to the yearly average.
By the end of the 3rd quarter, there were 984,000 trading accounts open at Alpari. The number of open accounts is expected to reach 1 million before the end of the year.
It’s also worth noting that Alpari’s trading volume for 2013 had already surpassed the company’s 2012 year-end total – 1 trillion USD – by the end of August. This means that Alpari matched its 12-month total trading volume from 2012 in just 8 months.