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NEW YORK, July 6, 2012 - (ACN Newswire) - FX Alliance Inc. ("FXall") (NYSE: FX), the leading independent global provider of electronic foreign exchange trading solutions, today announced record total average daily volume for June 2012 and the second quarter of 2012 in both Relationship and Active Trading. Total average daily volume in June was a record $98.6 billion, a 10% increase from both the previous month and from June 2011. Average daily volume in June for Relationship Trading and Active Trading were both records at $75.7 billion and $22.9 billion, respectively.
Total average daily volume for the second quarter of 2012 was a record of $92.4 billion, up 6% from the first quarter of 2012 and 8% from the second quarter of 2011. Average daily volume in Q2 2012 for Relationship Trading and Active Trading were also both records at $71.5 billion and $20.8 billion, respectively. FXall reports all of its trading volumes counting one side of each transaction (single count basis).
Current and historical monthly and quarterly average daily volume data is available on the Investor Relations section of our website at www.fxall.com .
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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