Forex and CFD broker Tickmill has just announced that October 2018 has been its most successful month up to date with a record-breaking $145.53 billion in trading volume.
This figure marks an increase of more than 23% from the Group’s consolidated trading volume for September which was previously the highest for the Group.
Ingmar Mattus, Tickmill
Commenting on the new record-breaking trading volume, Mr. Ingmar Mattus, Executive Director of Tickmill Group Ltd noted that:
The $145.53 billion in trading volume sets a precedent for the Group and allows us to come closer to what we have previously described as the next logical milestone for the company – the $200 billion in trading volume. On that note, we would also like to thank our clients for trusting and choosing Tickmill as their broker.
Mr. Illimar Mattus, CFO of Tickmill UK Ltd commented:
We are increasingly seeing the forces of consolidation shaping our industry and traders shifting to well-established brokerage firms with strong capital bases and recognizable brands, such as Tickmill. This is partially the reason why we are seeing a consistent growth in our business metrics. In order to bolster our footprint in our target markets and shift the focus towards larger and more sophisticated traders, existing shareholders injected an additional £2.0 million into the share capital of Tickmill UK Ltd in October, which despite Brexit concerns will remain our main European hub of operations.