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Alpari: May 2016 turnover reached 89 Billion

Noam Stiekema

Alpari: May 2016 turnover reached 89 Billion according to a press release and is mostly attributed to GBPUSD (+8%) and EURJPY (+19%) pairs.

Alpari Broker

Alpari’s trading turnover in May 2016 reached $89 billion. The main growth during this period came from GBPUSD (+8%) and EURJPY (+19%).

Simultaneously, the share of the most popular currency pair – EURUSD – fell in the last of the spring months; this instrument saw its lowest volatility for the year thus far.

Last month, MetaQuotes Software Corp released the long-awaited version of its MetaTrader 5 platform which offers the opportunity to hold locked positions. Alpari was the first broker on the market to offer this version of the platform to its clients. The number of live accounts opened for this platform increased significantly in May.

Source: alpari.com, “Alpari May Trading Turnover: $89 Billion“
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