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Exness: Taking the Lead with the Release of Audited Trading Volumes
EXNESS has today called on the retail Forex industry to become more transparent regarding broker funds and trading volumes, so that traders can assess the financial strength of brokers and their ability to withstand market shocks.
George Tsaparillas, Director of Global Strategy and Business Development of EXNESS, comments: “This year has already been a testing time for retail Forex brokers, with many suffering losses on the back of January’s volatility in the Swiss Franc. At present, the industry is far too opaque, with traders often having no visibility of the financial performance of their broker. We believe traders deserve more transparency and that is why we are today releasing audited figures for our funds and trading volumes.”
EXNESS has today released its trading volumes, client withdrawals and partners’ rewards for the period 1 October to 31 December 2014, in addition to figures for EXNESS’ own funds on 20 January 2015. All figures are audited by Deloitte, one of the world’s leading auditing firms.
EXNESS’ trading volumes for the period were US$536 billion, with average monthly trading volumes of US$178 billion, 7% higher than the average trading volumes for the previous months in 2014.
Read more @ https://www.exness.com/news/article