Retail Forex broker FxPro has stayed loyal to its commitment to increased transparency and earlier today published key metrics regarding the execution of trades of its clients during the third quarter of 2015.
When compared with the data for the second quarter of 2015, the latest numbers show marked improvement regarding several metrics.
First off, the proportion of trades executed with negative slippage dropped to only 17% in Q3 2015. This compares with 20.7% in Q2 2015.
The percentage of overall re-quotes also declined in quarterly terms, with the negative proportion down from 2.9% to 1.7%.
FxPro’s Q3 2015 slippage statistics are the following:
- Positive = 43.4%
- At Quote = 39.6%
- Negative = 17.0%
Re-quote percentages for the same period are as follows:
- Re-quotes = 4.5%
- Positive = 2.8%
- Negative = 1.7%
FxPro CEO, Charalambos Psimolophitis, commented:
“Our execution statistics are very encouraging. Though there was increased market volatility during the third quarter of 2015, we have managed to register these promising figures that reveal slippage symmetry and testify to our advanced execution and order-matching technologies. It remains our aim to continue providing our clients with flawless service and order execution even in the most volatile of market conditions.”