Sydney, Australia, August 1, 2017. The world’s largest True ECN Foreign Exchange Broker, International Capital Markets Pty Ltd (IC Markets), has announced today that it has registered the highest record in its history with July volumes totaling US$313 billion. The company also hit a daily volume record of US$21 Billion on the 21st July as the USD slid to its lowest level in over a year.
The company’s superior pricing continue to attract all types of traders from around the world. IC Markets remains at number one for EURUSD spreads and within top three in the world across most major and minor currency pairs. These trading conditions along with a number of markets reaching multi-year highs and lows, have encouraged higher volumes from traders seeking to take advantage of the increased volatility.
IC Markets’ Managing Director Andrew Budzinski said “Reaching over 300 billion USD in volume is a remarkable milestone. We expect these numbers to continue to grow in the coming months as we focus on client acquisition and retention.”
• July 2017 Volume US$313 Billion
• July Average Daily Volume US$14.9 Billion
• Q2 2017 Average Monthly Volume US$236 Billion
About International Capital Markets Pty Ltd (IC Markets).
Sydney headquartered International Capital Markets Pty Ltd is the world’s largest True ECN Foreign Exchange provider. IC Markets is the industry leader, distinguishing itself with unique True ECN forex technology, proprietary tools and services, and a remarkable focus on customer service. IC Markets is regulated by the Australian Securities and Investments Commission in Australia (AFSL 335692).
Forex and CFD trading may not be suitable for everyone so please ensure that you fully understand the risks involved. Please consider IC Markets PDS available from IC Markets before entering into any transaction with us.
For further information, visit www.icmarkets.com or contact IC Markets by telephone on: +612 8014 4280.