FXMarketSpace volumes continue to rise
Average daily volumes on the platform reached $509 million on a single-count basis, up from $331 million in April. Market participants said the figures are generally positive for the platform's expected development, but concluded it was still too early to indicate its future success or failure.
"Growth of 54% shows people think there are some advantages," said Axel Pierron, Paris-based analyst at research firm Celent. "If they continue at that pace, they could reach $10 billion a month next year
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