• IC Markets achieves record-breaking monthly trading result,
• High trading volumes reflect volatile markets, the Company’s expansion in new products and geographies.
December 7, 2021/Aetoswire
IC Markets has recorded its highest ever monthly trading volume, following a surge in trading volume across all asset classes in November.
According to IC Markets the record month is a result of its product diversification, growth into new markets, an increased client retention rate and optimum trading conditions which led to clients taking advantage of high volatility in the markets.
The results follow last year’s unprecedented growth across the global retail trading industry, with IC Markets reporting $9.32 trillion in trading volume for the year. The trading volumes for November eclipsed the previous high of $1 trillion achieved in March this year.
IC Markets CEO Andrew Budzinski commented, “We are delighted to be bringing more traders across a growing number of markets a greater choice of trading instruments so they can diversify their portfolio whilst taking advantage of the optimum trading conditions.”
“Our traders are staying with us to take advantage of the highly competitive spreads we offer, and our ultra-fast order execution. We’ve worked hard to ensure we deliver a high-performance trading experience that attracts and rewards a loyal following of online traders.”