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Australian CFD and FX provider First Prudential Markets, known as FP Markets, today announced a solid volume of trades for the first quarter of 2016, revealing double digit growth on its FX volume.
Commenting on the positive results, Daniel Bent, Head of FX at FP Markets, said: “The first quarter has been very good and positive for us in terms of trading volume and value. In February alone, we saw about 60 per cent increase in funded accounts on a year-on-year basis.”
The growth in FX trading volume came amid volatility in global currency markets. Central bankers including the Bank of Japan ... (read more)