FXall has achieved a record trading volume of more than $90 billion in a single day.
Average daily volume on the platform for September was up by more than 44 percent compared to the same period in 2006. The increases came about through a combination of new clients coming onto the platform as well as growth from existing clients.
In particular, FXall saw significant growth in trading activity by the investment community, which now accounts for more than 50 percent of volumes traded over the platform.
“The sustained increase in trading volumes on FXall reflects our commitment to innovation and the continuous development of our client offering. As FX trading volumes continue to rise, more and more traders are turning to online platforms to meet their increasingly complex needs. We look forward to even stronger growth going forward as we continue to extend and enhance the range of services we provide,” says Phil Weisberg, chief executive officer of FXall.