LONDON, Oct. 29, 2015 /CNW/ - Earlier this year, online broker FxPro took the initiative to quarterly publish key statistics relating to its standards of service in an effort to increase transparency in the FX market and encourage more industry participants to be as forthcoming about their operations. Today, FxPro is pleased to announce its slippage and execution percentages for the months of July, August and September, 2015.
FxPro's Q3 slippage statistics are the following:
Positive = 43.4%
At Quote = 39.6%
Negative = 17.0%
Re-quote percentages for the same period are as follows:
Re-quotes = 4.5%
Positive = 2.8%
Negative = 1.7%
FxPro CEO, Charalambos Psimolophitis, commented:
"Our execution statistics are very encouraging. Though there was increased market volatility during the third quarter of 2015, we have managed to register these promising figures that reveal slippage symmetry and testify to our advanced execution and order-matching technologies. It remains our aim to continue providing our clients with flawless service and order execution even in the most volatile of market conditions."
Notes to Media
FxPro is an award-winning online broker, serving retail and institutional clients in more than 150 countries. FxPro provides access to competitive pricing and deep liquidity with no-dealing-desk intervention via its advanced trading platforms, superior execution technologies and algorithmic tools.
FxPro Group Limited is the holding company of FxPro UK Limited and FxPro Financial Services Limited.
FxPro UK Limited is authorised and regulated by the Financial Conduct Authority (registration no. 509956). FxPro Financial Services Limited is authorised and regulated by the Cyprus Securities and Exchange Commission (licence no. 078/07) and by the Financial Services Board (authorisation no. 45052).
Trading CFDs involves a high risk of loss.
For further information: Media Contact: Media Relations, FxPro, +44-(0)20-7776-9720, Email: [email protected]