Charterprime Announces Q4 2016 Trading Statistics

Simon and Mathew

Charterprime is an international financial group specialising in the brokerage of financial products and foreign exchange. In an effort to increase stakeholder engagement and transparency, Charterprime has committed to releasing regular performance statistics for its business henceforth and has detailed its Q4 2016 trading statistics.  

2016 was a record year for Charterprime. For the last quarter of 2016 (Q4) alone, the retail trading volume in Charterprime reached USD$59.6billion*, which was higher than the projected retail trading volume of $50 billion. Charterprime foresees trading volumes to grow 30% in 2017 with its increased efforts in client acquisition and new product development.

In 2016, Charterprime has not only formed partnerships with Tune Group and other institutional investors, but has also seen a huge increase in support from retail investors and traders. Charterprime executed close to 6 million trades throughout the year (or, an average of 1.5 million trades per quarter). The robust growth prompted expansion and hiring, as well as the setup of two new offices which will soon be operating in the Asian region.

"The release of these performance statistics is one of our initiatives to increase transparency, as well as confidence in our business. We will continue to release such statistics and hope to display our commitment in improving our business through such efforts."

Simon Stephen and Mathew Tate

Managing Partners

 Simon Stephen and Mathew Tate, the managing partners of Charterprime commented:

“The release of these performance statistics is one of our initiatives to increase transparency, as well as confidence in our business. We will continue to release such statistics and hope to display our commitment in improving our business through such efforts.”

* This figure refers only to retail trading volumes and is not a full representation of total trading volume.

Notes to Media

About Charterprime

Charterprime is an international financial group specialising in the brokerage of financial products and foreign exchange. The company’s objective is to maintain its award-winning Over The Counter derivatives offering and continue its expansion throughout the Asia Pacific region. Charterprime will focus on upholding its reputation as a transparent and trustworthy provider as it grows its financial services offering and global reach.

For further information about Charterprime, kindly visit http://www.charterprime.com

For more information, please contact:

JL Tan     

pr@charterprime.com

Charterprime (Head of Marketing)

Source: Charterprime


Categories: Finance, Currency, Derivatives

Tags: brokerage, Charterprime, forex, statistics, trading, trading statistics, volume


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About Charterprime

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A fast growing group specialising in providing international financial services, most notably in the brokerage of financial products and foreign exchange.

Charterprime
Level 35, One International Towers Sydney, 100 Barangaroo Avenue Sydney NSW 2000
Sydney, NSW NSW 2000
Australia