Tag: Alpari

February 19, 2013 BY Gerald Segal

Alpari confirms Group volumes exceeded $210 billion in January

And it does appear that Alpari Russia does more than half the Group's volumes. As we estimated in our post last week once we saw Alpari Russia volume figures for January, the Alpari Group confirmed that it did globally, in total, more than $200 billion in volume for the month (more than $210 billion actually,…

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February 18, 2013 BY Gerald Segal

Alpari Russia reports record volumes of $110 billion in January

Changes within the Alpari Group are bearing fruit. Alpari Russia has reported that Jaunary FX trading volumes came in at a record $110 billion, which the company attributed to "a well-thought-out marketing strategy, ... new technological solutions ... and a favorable situation in the market." Based on the figures reported, we estimate that Alpari has…

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January 03, 2013 BY Gerald Segal

ForexTime to be run by ex-Alpari execs

Andrey Dashin's new Cyprus FX firm onboards most of Alpari FS management. LeapRate Exclusive..... Well it seems as though Alpari's decision to shut down its Cyprus operation Alpari FS -- at around the same time that Andrey Dashin's new firm ForexTime Ltd received a CySEC CIF license to begin operation -- has provided ForexTime Ltd the opportunity to…

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December 28, 2012 BY Gerald Segal

Alpari shuts down its Cyprus operation

All Alpari FS clients to be transferred to Alpari UK. In something of a surprise move, Alpari announced that as of February 8 it will transfer all client accounts legally situated with Alpari's Cyprus subsidiary Alpari FS, and move them to Alpari UK.  Following February 8 Alpari FS will cease providing services to clients. Alpari…

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December 18, 2012 BY Gerald Segal

Correction re Alpari volumes and growth

Figures reported were for Alpari Russia only, not entire Alpari Group. Our article Monday entitled Alpari volumes drop to $85 billion covering Alpari's press conference and press release regarding some of its 2012 figures reported that the numbers discussed -- specifically $85 billion in monthly trading volume -- were for the entire Alpari group. Alpari management…

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December 17, 2012 BY Gerald Segal

Latest CySEC FX broker – ForexTime

Ex-Alpari execs founded ForexTime in New Zealand two years ago. New Zealand based ForexTime has just received a Cyprus Investment Firm license, and is planning on expanding its marketing activities in Europe. ForexTime was set up in New Zealand two years ago by former Alpari executives from Russia. ForexTime also, somewhat interestingly, has an office…

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December 17, 2012 BY Gerald Segal

Alpari volumes drop to $85 billion

Alpari's last report of monthly volumes in November 2010 was $160 billion. Retail FX broker Alpari, which along with FX Club dominates the Russian FX market but also operates worldwide, held a press conference last week in Moscow and released some operating and financial data. The key metrics reviewed include: Monthly volumes in 2012 have…

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November 26, 2012 BY Gerald Segal

Alpari making changes after volumes drop 40%

New management in the UK and the US for Alpari. Retail FX broker Alpari has made some changes in its senior management ranks, as it has seen volumes fall by about 40% in 2012. The major changes include: OUT - David Stuart, COO of Alpari UK in London, has left the company. Trading volumes in…

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