LONDON, September 18, 2014 /PRNewswire/ --
The Alpari group of companies have announced trading volumes in excess of $165 billion for 1-31 August 2014.
Trading in oil and gold has seen a significant upturn over the previous quarter. Geopolitical events have driven the bulk of trading in gold, as traders flocked to the perceived safety of the yellow metal in the light of heightened regional tensions. In the UK, Alpari saw individual gold trades rise a by 92%, with volumes up over 40% between 1 May to 31 August.*
Hannah Hill, Global Head of Marketing commented: "We're seeing a renewed interest in gold as traders react to global news stories. Our latest advertising campaign reflects this - focusing on what's currently happening in gold and oil markets and asking what's next. This stands out in the financial press by challenging traders to consider the future of these major markets."
This follows Alpari UK's successful cashback promotion, which generated almost $1 million in deposits over the summer. During the promotion, Alpari UK clients could earn up to $250 cashback by trading on the company's new Market account.
Alpari (UK) Limited is an independent entity within the association of Alpari companies ("Alpari"). Alpari serves global clients from offices in over 20 countries. Our locations include London, New York, Tokyo, Shanghai (Representative Office), Dubai, Moscow, Mumbai and Frankfurt.
Alpari has a number of high-profile sponsorships, including the Alpari World Match Racing Tour (title sponsor) and West Ham United FC (principal sponsor).
Risk warning: Forex, spread bets and CFDs are leveraged products. They may not be suitable for you as they carry a high degree of risk to your capital and you can lose more than your investment.
*Based on UK trading data across all gold markets between 1 May and 31 August 2014.
SOURCE Alpari UK