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Exness reports an 18.9% plunge in November volumes

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
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