GemForex | Numbers Outlook – July 2022

Total Trading Volume during the Month of July 2022had reached over $339 billion,a decrease of 24%year-over-year when compared with July 2021. Lower than the average trading volumes of the previous 12 months ($4439 billion). 

As usual, during the months of the summer season there is usually a drop in trading volumes across the industry, and this year we have other factors to consider, such as the economic downturn and geopolitical tensions. And yet, we can conclude that both the volumes and the profitability of the Brokerage maintain an efficient uptrend regardless of all obstacles. 

Other client-centric parameters for the Company are also on a healthy uptrend. The number of Active Traders is showing a steady increase during the Month reaching 49,373 with 4.12 million unique trades which is an increase year-over-year when compared to July 2021 with the respective numbers being 40,568 (22% increase)and 3.5 million (16% increase). The numbers for the previous average 12 months, ending July 2022, were 48,611 (+2% difference)and 4.13 million (a -0.26% difference) respectively.

In July 2022, the company had processed over $47 millionin Client Withdrawals, with the Partner Rewards payouts reaching $5.08 millionfor the month. The Client withdrawals are maintained at a lower level than the average of the last 6 months, indicating that there is the retention of funds and their circulation in the trading platforms. 

The end of July also marks the middle of2022, a time to reflect on the year thus far. The numbers are showing us whether you trust us and analyzing the year so far 2022 has been a great success: Total Volume in the 6-month period thus far has reached more than 2.4 trillion, a remarkable 31% increasewhen compared with the same period last year, 1.9 trillion. Few companies in the sector are experiencing this growth, especially in a period of economic turmoil and shifting uncertainties.  

Other indicators indicating the success thus far in 2022, Average Monthly Volume at 437 billion, a 5% increaseto the full year of 2021. Average monthly Traders 51k, 31% increaseto 2021, average monthly trading number 4.5 million, 38%increase compared to 2021.

Internal vision and active observation of the procedures and changes in the industry, make us feel confident and believe in our judgment, tools, and ability that more can be delivered, and compound growth can be achieved for the period ahead and for a good close for the year 2022.

Monthly Market Movers – July 2022

Uncontrolled inflation, the Russo-Ukrainian conflict, economic sanctions, the hawkish shift of the Western central banks. Data gathered from our market analyst suggest that inflation expectations can be anticipated to persist for the short-term future, amid all the economic uncertainties over the winter. The picture will get clearer in the upcoming month of August.