Alpari sees five consecutive months of FX volume trading records.
Global FX broker Alpari has reported its best ever month in May, with total group volumes coming in at $260 billion — eclipsing Alpari’s April volumes of $245 billion and March’s $238 billion. These stellar results come during a month when we have seen trading volume records at other leading FX firms including FXCM and GMO Click.
We don’t have the breakdowns yet in terms of Russia vs. Rest-of-World volumes at Alpari for the month. But based on previous experience (see graph below), Russia has lately accounted for more than half of the group’s volumes — as much as 59% in March. We’ll bring the figures to you when we get them.
For more on the global Forex industry see the LeapRate-Dow Jones Forex Industry Report.