October 11, 2016
Leading US brokerage Forex.com reported that both its retail and institutional trading volumes have increased in September 2016, compared to previous month. The broker’s OTC retail volume came in at $207.8 billion, up from $191.9 billion reached in August, however the figure represents a significant drop of more than 40% compared to the same period a year earlier.
Gain Capital‘s institutional volume, on the other hand, increased both on the month (by 24.1%) and on a yearly basis (by 28.7%), coming in at $186.3 billion.
What is more, the broker reported its average daily volume in September amounted to $9.4 billion (up 13.2% MoM) in the retail segment and $8.5 billion (up 29.8% MoM) from institutional operations. Active OTC retail accounts declined by a monthly 1.9% to 133,009, also posting an annual drop of 11.2%.
December 7, 2016
With only 6 more rounds left until the finish, XM One Million Dollar Forex World Championship has just reached its halfway point with more than 50,000 contestants having joined in since June. Round 7 has already started, offering traders the chance to join and compete for considerable cash prizes...
December 6, 2016
The Reserve Bank of Australia is due to announce its rate decision. Short-term interest rates affect the currency valuation. Traders will use this event to predict how exchange rate will change in the future...
December 6, 2016
Time to gear up for year-end celebrations and unique forex offers this December! Wrapping up 2016, it is an honor for us to be celebrating another year of achievements and milestones with you, our esteemed partners and clients...