FXALL REPORTS RECORD TRADING VOLUMES
Posted January 22, 2009
Trading activity highlights include:
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Global volumes increase 11 percent year-on-year.
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Asia Pacific volumes grow over 16 percent.
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Continued strength by institutional investors, who now account for more than 60 percent of total volume.
“We’re pleased to report solid performance in a challenging market environment as our clients continue to benefit from the strength of FXall’s platform,” says Phil Weisberg, Chief Executive Officer of FXall. “Our strong financial footing and independence allows us to continue to expand our capabilities and partner with clients to deliver the broadest and most robust FX trading platform even in these turbulent times. We look forward to continued success in 2009 as we help clients lower their costs and meet their execution requirements, while also delivering the best compliance procedures to provide the appropriate controls.”
Over the past year, FXall has focused on client business requirements, such as best execution and workflow enhancements, to identify new opportunities. Ongoing investment in innovative products and services with the goal of delivering stability and depth of liquidity is a key to FXall’s success and continued growth.