The Alpari companies (Alpari), which are among the worlds fastest growing providers of online foreign exchange (Forex, FX) trading services, are delighted to announce their figures and achievements for the full year 2010 (1 January 31 December). During the year the companies continued to add products and services, opened new offices and increased staff globally, further consolidating their strong position in the global Forex market.
Andrey Vedikhin, CEO of Alpari (UK), says, We would like to thank our customers for choosing Alpari. Our clients want choice, competitive pricing and excellent client service we are here to exceed expectations. The success of our companies throughout 2010 is reflected in our record monthly trading volumes of over $ 160 billion** globally and the increase in customer accounts to over 440,000*.
New products, platforms and services
During 2010, the Alpari companies launched even more products and introduced new account types and platforms. Alpari (UK) added contracts for difference (CFDs) to its product portfolio last year an offering which was already expanded early in 2011 due to client demand. The CFD clients of Alpari (UK) now enjoy access to 10,000+ markets via our brand new trading platforms QTrader and L2 Dealer.
In late 2010, Alpari (US) launched the demo version of Alpari FXOptions, a platform which combines existing multi-bank spot Forex liquidity with options pricing from top-tier banks to give clients greater flexibility to manage their trading strategies and risk exposure. The live version of the Alpari FXOptions trading platform was released several weeks ago and is now available to all Alpari (US) clients. Alpari (US) was the first US retail broker to offers spot FX and options trading from one margin account.
In 2010, Alpari Forex (India), a subsidiary of Alpari (UK), launched exchange traded currency derivatives, which symbolized not only a major step for the Alpari team in India and its clients but also the further development of the Indian Forex market as a whole. Alpari Forex (India) also became a member of three stock exchanges and opened a new office in Ahmedabad last year.
Alpari (Deutschland), another subsidiary of Alpari (UK), established a new office in 2010 in Frankfurt, Germany. The Frankfurt office serves and expands Alparis large client base across the German-speaking regions in Europe.
The Alpari companies clients were among the first traders to get a chance to test the unique capabilities of MetaTrader 5 when each Alpari company started offering the demo version of this highly anticipated next generation trading platform on our websites in early summer 2010. David Stuart, COO of Alpari (UK), remarks, Technology is paramount to our businesss success. We strive to always be ahead of the competition and partner only with innovative and forward-thinking technology providers.
In 2010, Alpari (UK) enhanced the automated portfolio trading experience with the release of the new version of Systematic. Systematic V2 simplifies the process of diversifying Forex investments with a wide range of time-tested trading strategies developed by Forex professionals. Because of the popularity of Systematic V2 amongst the client base of Alpari (UK) and its subsidiaries, Alpari (US) is now preparing to make it available in the US.
With the launch of MT4 Pro last year, Alpari (UK) combined one of the most popular retail trading platforms with institutional-level liquidity and pricing. Pro-account holders can now capitalize on direct market access and trade more than 50 currency pairs with tight spreads from 0 pips with ultra-fast straight-through processing. Alpari (US) also launched their MT4 Pro trading solution in early 2010 enabling access to US traders.
Each Alpari company has again improved its analysis and research offering to its respective client base. With in-house analysts and a 24-hour dealing desk, the Alpari companies have never been better poised to offer their clients up-to-the-minute and insightful market analysis. They have the ever popular Trading Central and Autochartist services, which also expanded their offering during 2010. The services continue to help clients through the perilous world of trading on the financial markets. In addition to these, clients also receive Alpari Squawk and Web TV live from the New York Stock Exchange provided by Trading Central.
The Alpari companies global expansion
Rapid global expansion means the Alpari companies are always looking to add true leaders in the industry to the Alpari team. Alpari (US) made its most significant recruitment to date at the executive management level when it appointed Daniel Skowronski as CEO of Alpari (US) last year. Skowronski, a former Managing Director of technology provider Currenex
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