Alpari RU’s Volumes Back on Track in July Following Rebound

Alpari Russia has reported its monthly trading volumes for July 2016, which saw a rebound in its turnover relative to what had amounted to a lackluster June – the latest figures also snap a recent decline that had enveloped the broker in Q2 2016, according to an Alpari statement.

Take the lead from today’s leaders. FM London Summit, 14-15 November, 2016. Register here!

Just one month after a disappointing performance in June, the latest tranche of turnover volumes at Alpari Russia were pointed higher, paring some of the previous month’s losses. Despite a surge in Volatility Volatility In finance, volatility refers to the amount of change in the rate of a financial instrument, such as commodities, currencies, or stocks, over a given time period. Essentially, volatility describes the nature of an instrument’s fluctuation; a highly volatile security equates to large fluctuations in price, and a low volatile security equates to timid fluctuations in price. Volatility is an important statistical indicator used by financial traders to assist them in developing trading systems. Trad In finance, volatility refers to the amount of change in the rate of a financial instrument, such as commodities, currencies, or stocks, over a given time period. Essentially, volatility describes the nature of an instrument’s fluctuation; a highly volatile security equates to large fluctuations in price, and a low volatile security equates to timid fluctuations in price. Volatility is an important statistical indicator used by financial traders to assist them in developing trading systems. Trad Read this Term caused by the Brexit Brexit Brexit stands for British Exit, or in reference to the United Kingdom’s decision to formally leave the European Union (EU) as declared in a June 23, 2016 referendum. In a more immediate sense, a tight vote and unexpected result helped drive British pound (GBP) to lows that had not been seen in decades.The day following the referendum, former Prime Minister David Cameron resigned from office where he was replaced by Theresa May, who later resigned from office on June 7th, 2019. Active Prime Minis Brexit stands for British Exit, or in reference to the United Kingdom’s decision to formally leave the European Union (EU) as declared in a June 23, 2016 referendum. In a more immediate sense, a tight vote and unexpected result helped drive British pound (GBP) to lows that had not been seen in decades.The day following the referendum, former Prime Minister David Cameron resigned from office where he was replaced by Theresa May, who later resigned from office on June 7th, 2019. Active Prime Minis Read this Term referendum, Alpari Russia missed the memo on heightened trading activity, causing it to be one of the few exchanges that reported declining volumes in June.

Monthly Rebound

Fast-forwarding to July however, Alpari Russia has seen its figures on the ascension, which was indicative of a turnover of $81.4 billion during the month. This also was reflective of a growth of 3.4% MoM from $78.7 billion in June 2016, snapping a downward decline that was prevalent in multiple consecutive months.

One of the impetuses for July’s rising volumes was strong demand for PAMM accounts, as well as an appetite for commodities trading, namely gold. With the price of gold in flux during the summer, this could be a trend to watch heading into the fall.