Alpari Russia reports record volumes of $110 billion in January
Alpari Russia reports record volumes explained by professional Forex trading experts the “Alpari Russia reports record volumes” FX trading team.
Alpari Russia reports record volumes
Alpari Russia has reported that Jaunary FX trading volumes came in at a record $110 billion, which the company attributed to “a well-thought-out marketing strategy, … new technological solutions … and a favorable situation in the market.”
Based on the figures reported, we estimate that Alpari has indeed increased its market share in the Russia/CIS retail FX market to nearly 50%; and Russia now represents about half of the Alpari Group’s overall volumes.
Alpari has undergone some changes of late, which seem to be bearing fruit. The Group used to consist of four distinct fiefdoms — Russia, London, USA, and Cyprus (as well as a “stealth” brand ForexTime for other regions and for testing new products and campaigns) — which didn’t always mesh well together or get along, especially when in came to deciding which entity could or should go after new markets, such as the rapidly growing Arab Forex market, or the Far East.
Alpari Russia reports record volumes Conclusion
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