Market Cap:
$264.8B
BTC Dominance:
67.42%
btc:
$9967.34
eth:
$210.55
xrp:
$0.28
Advertise
Forex

Exness reports an 18.9% plunge in November volumes

TargetSignal | Dec. 2, 2014
Exness reports an 18.9% plunge in November volumes

EXNESS, a broker which boasts of being regulated in New Zealand, Cyprus and by CRFIN in Russia, set a record volume of $198.8 billion in October but encountered an 18.9% drop in volume to $163.7 billion for the month of November, closing as its third worst month in terms of volume for the year so far. This follows a lot of other trading firms who declared similar fate in trading activities for November unlike the high volumes experienced in September and October.

Exness beat its own record of a high of $190 Billion volume to reach $198.8 in October. Its numbers for the year is shown below:

2014 in Numbers

Month | TradingExness, Exness November volumes
January $150.4 BLN
February $140.8 BLN
March $166.4 BLN
April $168.2 BLN
May $163.9 BLN
June $184.7 BLN
July $185.1 BLN
August $171.4 BLN
September $192.4 BLN
October $198.8 BLN
November $163.7 BLN

EXNESS has proven to be relatively consistent since establishment, with volumes increasing at an exponential rate year on year as business increased. The company made a successful entry into the highly lucrative Chinese market, which impacted its general success to a great extent as shown when comparing its recent figures with previous years.

Tags Exness
Disclaimer: The views and opinions expressed in this article are solely those of the author and do not reflect the official policy or position of AtoZ Markets.com, nor should they be attributed to AtoZMarkets.