EXNESS has today announced that its trading volumes will be audited by the world’s largest auditing firm, Deloitte, and that it experienced record trading volumes of US$192,43 billion during September.
Since January 2014, EXNESS has been the only retail Forex broker to have its trading volumes audited by an independent auditor, with multinational professional services consultancy Deloitte set to take over auditing the figures on a quarterly basis.
Victor Masalov, Director of Product Development at EXNESS, comments: “Trust is a critical factor for traders when choosing a retail Forex broker because traders want the reassurance that they are with a broker who will be a transparent and trusted partner. For the past 9 months, EXNESS has had audited trading figures and our link up with Deloitte, one of the world’s most respected auditing firms, offers our clients greater transparency than any other retail Forex broker.”
EXNESS has also announced today record trading figures of US$192,43 billion in September. More than 39,000 EXNESS unique clients traded during the month, with the most popular financial instrument being EUR/USD at US$93,1 billion, accounting for 48% of the total trading volume across all instruments. In second place was GBP/USD at US$44,9 billion, with USD/JPY rounding out the top three at $US24 billion.
More than 38,000 EXNESS clients traded during the month, with the most popular financial instrument being EUR/USD at US$98,47 billion.
Sergey Kochergin, Senior Analyst at EXNESS, comments: “In October we saw a number of significant macroeconomic events that influenced volatility and therefore the attractiveness of specific trades. For example, in the US the minimisation of QE3 led to the formation of a clear growing trend in the US dollar, which traders capitalised on. The increase or resumption of quantitative easing programmes in Japan and the Eurozone certainly led to an increase in trading activity in the Yen and Euro cross rates, with us seeing a near doubling of USD/JPY trades since August.”