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LeapRate Retail FX Volume Index leaps 18% in January
FX Volumes make a big comeback in January, led by Japan, as a global "risk-on" trade brings back volatility.
The increase brings a very nice start to the year following a 2012 year which many in the retail FX sector would like to forget, as more stringent regulations, combined with ultra-low volatility in the currency markets, led to a slowdown in FX trading worldwide during 2012 -- especially in Japan and the U.S., two of the largest FX trading markets.
LeapRate's Retail FX Volume Index is a monthly measure of global trading activity in the retail FX sector.
[for original chart see LeapRate at http://www.leaprate.com]
Sources: LeapRate research, monthly and quarterly volume reports of various Forex ECNs and Forex brokerage firms.
Gerald Segal, LeapRate Managing Director commented, "January really brought with it a perfect storm, in the positive sense, for retail FX brokers. Several factors led to the healthy January volume figures, which we understand are continuing into February, including:
a major comeback of FX trading volumes in Japan, (http://leaprate.com/
a general "risk-on" trade movement in the equity markets has brought more cheeriness to investors, and more action to the currency markets as well.
"As we mentioned above, a lot of that positive sentiment from January has continued in to February, and at this point we expect February to be as good or better a month for the retail FX sector."
The LeapRate Retail FX Volume Index (http://leaprate.com/
LeapRate is a leading research and information firm serving the global FX industry. Through its partnership with Dow Jones, LeapRate publishes the LeapRate-Dow Jones Forex Industry Report (http://leaprate.com/