• 17.01.2012, 14:01:07
  • /
  • OTE0007

FxPro Announces 11% Increase in 2011 Trading Volumes

London (ots/PRNewswire) -

FxPro Financial Services Ltd ('FxPro'), an award winning global
forex broker today released the operational metrics for its business
for for 2011 and Q4 2011 specifically.

2011 was a record year for FxPro with volumes reaching $1.18
trillion up 11% from $1.07 trillion in 2010. This was the second
consecutive year of double digit growth.

In 2011, FxPro's business from Asia contributed 51.2% to total
trading volumes up from 43.8% in 2010. European trading volumes
accounted for 33.6% down from 39.4% in 2010. Middle East and Africa
contributed for 12%, with the remaining 3.2% coming from the rest of
the world.

Revenue per million traded in 2011 was $71.4 slightly lower than
2010 during which FxPro registered $75 per million traded. Volume
traded in Q4 2011 was $298 billion, down by 1.32% from Q3 2011 and
17.79% higher than the corresponding quarter in 2010.

After a Q3 characterised by very high volatility and exceptional
trading activity, Q4 saw a return to normal activity levels, which
also included the quiet holiday period in December.

The most traded currency pair was EUR/USD with accounted for 50%
of volumes, with GBP/USD representing only 17% and AUD/USD 8.8%.
AUD/USD continues to show increased activity in Q3 it only
contributed 5% of total volumes (an increase of 76%).

In Q4 clients from Asia continued to account for 50% of total
volumes traded, the same as Q3. European client contribution
decreased from 34% to 32% in Q4. Trading volumes from clients in the
Middle East & Africa and the rest of the world increased to 13% and
5% from 12% and 4% respectively.

At the end of Q4 FxPro had 18,337 tradable accounts[1] up from
17,932 at the end of Q3 2011.

Denis Sukhotin, Founder of FxPro, commented: "As a leading global
forex broker, FxPro had another record year in 2011. The scale of the
volatility in the market offered traders great opportunities but it
was more important than ever to provide them with all the tools and
resources they need to trade successfully. In 2011 we had a number of
new business initiatives, including our unique ECN solution - FxPro
cTrader - which allows direct market access, we expanded our
operations with the opening of an office in Sydney, Australia and we
launched our institutional services, aiming to service and support a
number of financial institutions in the forex market. In 2012 we will
continue to enhance our offering in order to achieve our goal of
being the world's preferred forex broker."

FxPro's operating metrics can be accessed at:
http://www.fxpro.com/group/company/operating-metrics

Notes to Media

About FxPro

FxPro is an award-winning forex broker providing retail and
institutional offerings to clients in 150 countries. FxPro offers
trading access through a range of platforms including the innovative
ECN platform - FxPro cTrader - supported by industry-leading market
news and outstanding levels of customer support 24 hours a day.
FxPro's goal is to be the world's preferred forex broker and it has
become the first choice for forex traders needing user-friendly
market access and superior trading infrastructure.

With offices in the United Kingdom, Austria, Cyprus, France,
Russia and Spain, FxPro Financial Services Limited is authorised and
regulated by the Cyprus Securities and Exchange Commission, under
licence number 078/07, and operates under the EU Markets in Financial
Instruments Directive (MiFID).

In Australia, FxPro Australia Pty Ltd (ABN 68 143 740 603) is
authorised and regulated by the Australian Securities and Investment
Commission (ASIC), license number 405750. Registered address Suite
306, 15 Lime Street, Sydney NSW 2000.

FxPro UK Limited is authorised and regulated in the United Kingdom
by the Financial Services Authority (FSA), registration number
509956. Registered address 13/14 Basinghall Street, London, EC2V 5BQ.

For further information, please visit http://www.fxpro.com.

For further information, please contact: James
Marshall Head of PR and Communications FxPro
Tel: +44(0)207-776-9721 Email: [email protected]

1. A tradeable account is an account that has sufficient funds to
execute a trade.

OTS-ORIGINALTEXT PRESSEAUSSENDUNG UNTER AUSSCHLIESSLICHER INHALTLICHER VERANTWORTUNG DES AUSSENDERS - WWW.OTS.AT | PRN

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