Alpari Russia reported volumes for August today. After a recovery in volumes in July, August data shows that trading volume for Russia and the CIS fell back to $91.4B USD. In comparison with $97.2B USD in July of this year. In a bid to juice up it’s profits and possibily offset some decline in their trading volumes, Alpari RU launched it’s new Binary Options section earlier this month.
On the bright side, September has been one to remember so far in FX with tons of different geopolitical and economic news dominating the headlines…Stay tuned to LeapRate for all industry volume reports heading into the fall months.
This was Alpari’s second slowest volume month in 2014, with June’s total being the lowest standing at $88.5B USD