FXall volumes on the up and up

Foreign exchange trading platform, FXall, has announced record trade volumes of more than $64 billion in a single day. Volumes on the platform were up 55% in October versus the same period the previous year. According to FXall the increase in trading activity is down to a combination of new clients joining the platform and increased activity from existing users. Growth came from all client segments, including hedge funds, asset managers, banks, broker-dealers and corporations.