Andrey Dashin's two companies, forex brokers ForexTime and Alpari, look to go more head-to-head for new business. It was bound to happen sooner or later.... LeapRate has learned that Cyprus-based forex broker ForexTime has opened its first office outside the island, with the initiation of a new rep office in London. Normally, this would not…
Read moreAlpari does more than half of all its forex volumes in Russia and the CIS. Global forex broker Alpari Group has made an interesting (and only partial) disclosure of its first half and Q2 volumes. Alpari indicated that in Q2 volumes from Alpari Russia averaged $135.3 billion per month, and $131.4 billion for the full…
Read moreAlpari sees five consecutive months of FX volume trading records. Global FX broker Alpari has reported its best ever month in May, with total group volumes coming in at $260 billion -- eclipsing Alpari's April volumes of $245 billion and March's $238 billion. These stellar results come during a month when we have seen trading…
Read moreAlpari Russia names its part-owner Andrey Dashin as Chairman, with an active role in management, despite his sole ownership of rival ForexTime. LeapRate Exclusive.... The relationship between global FX broker Alpari, and its former subsidiary ForexTime (also known as FXTM), has become even more complicated. It had seemed that the two co-founders of Alpari, Cyprus-based Andrey…
Read moreCFTC March data shows US Retail FX is becoming more concentrated among largest six FX brokers. U.S. Retail Forex assets data for March is now out, courtesy of the CFTC, and it shows a few interesting things -- all leading to the conclusion that the US Retail FX industry is becoming increasingly concentrated -- and the…
Read moreMarch and April volume numbers continue to impress from Saxo Bank. LeapRate Exclusive.... LeapRate has learned that leading global FX broker Saxo Bank, a member of LeapRate's Approved List of regulated global FX firms, continued its strong start to 2013 through March and April. The details -- we had previously reported (also, exclusively) that in January ($427 billion)…
Read moreFour consecutive months of FX volume trading records at Alpari. As first reported by our friends at Forexbrokerz.com.... Global FX broker Alpari has reported its best ever month in April, with total group volumes coming in at $245 billion -- eclipsing Alpari's March volume of $238 billion and February's $237 billion. These stellar results come…
Read moreThe Moscow Exchange set yet another new trading record for FX turnover. The Moscow Exchange’s FX market has reported a new daily trading record for FX turnover, as volumes reached reached $29.66 billion (RUB936.88 B) on Thursday. Of this total about 42% was spot and 58% was swap trades. This gives the Moscow Exchange a…
Read moreIn a month where most FX brokers saw a slight decline, Alpari continued to plow forward, driven by its home market in Russia. Forex Industry News... Global FX broker Alpari has reported its best ever month in March, with total group volumes coming in at $238 billion -- just eclipsing February's $237 billion at Alpari. These…
Read moreAlpari Group worldwide volumes exceeded $230 billion in February, a new record for the company. Global FX broker Alpari has joined a list of FX brokers and ECNs reporting strong or even record results of late. Alpari reported that its FX trading volumes for February exceeded $230 billion -- a record month for the company. that…
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