Analysis: Is Growing Trader Activity in Turkey a Sign of Industry Recovery?
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Analysis: Is Growing Trader Activity in Turkey a Sign of Industry Recovery?
Last month showed growing activity of FX/CFD traders. However, this trend was seen mostly in East Asia, with China and Malaysia leading the ranks. This time, however, most active traders were found in Turkey with 131,2 transactions on average per trader, with China shortly behind.
The trend is a noticeable improvement from January when Turkey held the 3rd position in the activity rankings. Does this mean that troubles are already behind Turkey? Last year was not very kind to the local FX industry, which suffered losses due to regulatory ... (read more)
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