Alpari (UK) grows beyond expectations

Tue, Oct 27 2009, 11:34 GMT
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Alpari (UK), one of the world’s fastest growing providers of online foreign exchange (FOREX) continues its rapid global expansion, supported by a combined client growth of nearly 100 percent (98.56 %) at the company’s offices in London, Mumbai and Shanghai since the start of 2009. This exceeds ambitious internal plans, which assumed the doubling of client accounts only by the end of the year.

“We are very pleased to overachieve our targets this early in the year”, says Andrey Vedikhin, Alpari (UK) CEO. “We are more than ever committed to delivering cutting edge technology and competitive pricing to both retail and institutional traders. Earlier this year, on the retail side, we have reduced minimum spread, on average, by 25 percent and by up to 60 percent for some currency pairs. We are also making headway into the institutional market by launching Alpari Direct Pro, our Currenex® powered trading platform for institutional traders.”

To facilitate the ongoing expansion, Alpari (UK) have trebled their staff since January and recently moved into significantly larger offices in Bishopsgate in London. The company currently has 17 vacancies.

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