Retail FX Volume Index, sponsored by Leverate
Retail FX Volume Index, sponsored by Leverate explained by professional Forex trading experts the “Retail FX Volume Index, sponsored by Leverate” FX trading team.
Retail FX Volume Index, sponsored by Leverate
March 28, 2014 — After beginning 2014 with a bang in January, with retail FX trading volumes posting their second best ever result at $322 billion ADV, the industry saw something of a slowdown in February, although all in all it was still a decent month.
It seems as though many traders were either busy watching the Sochi Olympics, waiting out the Ukraine crisis, or just waiting for volatility to return (which it has in March). The result?
LeapRate’s Retail FX Volume Index, a monthly measure of trading volumes globally in the retail forex sector, fell by 7.8% in February from near-record January’s levels to come in at $296 billion daily — still better than most months in the second half of 2013.
All the major retail forex brokers, as well as all of the leading institutional Forex ECNs, saw volume declines in the mid-single digit / low double digit percentages.
Gerald Segal, LeapRate Managing Director, commented “Overall, Forex brokers should still be thrilled with the start to the 2014 year. January was great, and despite the slight slowdown in February it was still a steady month volume-wise. Retail traders have clearly returned in droves after sitting on their hands much of the fall season.”.
Retail FX Volume Index, sponsored by Leverate Conclusion
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