The results for November 2014 show that Alpari’s FX volumes in Russia and CIS reached more than $92 billion in the month, representing a 16% decrease of compared with October this year, which was a month in which many companies globally improved on the generally strong figures reported in September. In Alpari’s case, October’s trading activity resulted in a 3.5% increase over September this year, which was a month that saw Alpari’s Russian operations break the $100 billion barrier once again after a prolonged period in the doldrums.
Alpari has been incrementally increasing the range of trading instruments and services for its clients, a move to which the company considers that a certain degree of the upturn in volumes can be attributed.
In the beginning of November, Alpari widened the menu on its fx.option accounts by seven currency pairs, including USD/RUB, USD/CAD and EUR/GBP, building on the firm’s recently introduced binary options service. Whilst USD/RUB trading is currently subject to a temporary suspension due to low liquidity in the Russian sovereign currency, it is clear that Alpari’s keen interest in expanding its product range is paramount.
For the official announcement from Alpari RU, click here.