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| Wednesday, 11 April 2012, 20:20 HKT/SGT | |
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Source: FX Alliance | |
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| Monthly Data Now Available Publicly Through Investor Website |
NEW YORK, N.Y., Apr 11, 2012 - (ACN Newswire) - FX Alliance Inc. ("FXall") (NYSE: FX), the leading independent global provider of electronic foreign exchange trading solutions, today announced total average daily volume for March 2012 of $90.4 billion, an increase of 4% from the previous month. Average daily volume in March for Relationship Trading and Active Trading was $70.6 billion and $19.7 billion respectively. Total average daily volume for the first quarter of 2012 was $86.8 billion, an increase of 13% vs. the first quarter of 2011, and 6% vs. the fourth quarter of 2011. Relationship Trading average daily volume in the first quarter 2012 was $68.0 billion, an increase of 7% vs. the first quarter of 2011, and 3% vs. the fourth quarter of 2011. Active Trading average daily volume in the first quarter 2012 was $18.8 billion, an increase of 36% vs. the first quarter of 2011, and 16% vs. the fourth quarter of 2011. FXall reports all of its trading volumes counting one side of each transaction (single count basis).
FXall will now report total volume each month. Monthly volume beginning January 2011 is now available on the investor relations section of its public website at: http://investors.fxall.com .
"Today's enhancement to our disclosure represents a significant step towards providing increased transparency to the market," said John Cooley, FXall's Chief Financial Officer.
About FXall
FXall is the leading independent global provider of electronic foreign exchange trading solutions, with over 1,000 institutional clients worldwide. FXall's offices in New York, Boston, Washington, London, Zurich, Hong Kong, Tokyo, Singapore, Sydney and Mumbai serve the needs of active traders, asset managers, corporate treasurers, banks, broker-dealers and prime brokers.
Contacts:
Investor contact:
Andrew Posen
Head of Investor Relations
Telephone: +1-646-268-9952
andrew.posen@fxall.com
or
News media contact:
Dafina Grapci-Penney
Greentarget
Telephone: +44 20 7324 5486
Mobile: + 44 752 533 5733
dafina.grapci-penney@greentarget.co.uk
This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients.
The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and other applicable laws; and
(ii) they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: FX Alliance, Inc via Thomson Reuters ONE
Copyright (c) Thomson Reuters 2012. All rights reserved.
Topic: Press release summary
Source: FX Alliance
https://www.acnnewswire.com
From the Asia Corporate News Network
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