FXall volumes surged 45% in 2006 on growing market
NEWS
The return of volatility in December resulted in a new record for average daily volumes on the platform, reaching $47 billion as traders flocked to the market (FX Week, December 11, 2006). Over the course of the month, total volumes reached $942 billion.
The platform said the sharp rise in traded volumes seen during the year was a result of two factors: the continued growth of the FX market, and greater participation of institutional FX traders.
A spokesperson for FXall in London said that
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