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FXCM reports 39% higher institutional trading volume in January

Feb 15 2012 09:00:42 GMT
By Stanimir Zhelev , ForexBrokerz.com Website: ForexBrokerz.com

FXCM Inc. (NYSE: FXCM) announced some key operating metrics for January 2012. Retail trading volume is 15% higher year-on-year and Institutional trading volume is 39% higher year-on-year. Below is the detailed report.

Retail Trading Metrics

Retail customer trading volume(1) of $298 billion in January 2012, 3% higher than December 2011 and 15% higher than January 2011.

Average retail customer trading volume(1) per day of $13.5 billion in January 2012, 3% higher than December 2011 and 10% higher than January 2011.

An average of 345,677 retail client trades per day in January 2012, 3% lower than December 2011 and 12% higher than January 2011.

Tradeable accounts(2) of 167,710 as of January 31, 2012, an increase 2,104, or 1% from December 2011, and an increase of 22,720,or 13%, from January 2011.

Institutional Trading Metrics

Institutional customer trading volume(1) of $109 billion in January 2012, 5% higher than December 2011 and 39% higher than January 2011.

Average institutional trading volume(1) per day of $5.0 billion in January 2012, 5% higher than December 2011 and 33% higher than January 2011.

An average of 21,459 institutional client trades per day in January 2012, 23% higher than December 2011 and 281% higher than January 2011.

More information, including historical results for each of the above metrics, can be found on the investor relations page of the Company's corporate web site, www.fxcm.com.

This operating data is preliminary and subject to revision and should not be taken as an indication of the financial performance of FXCM Inc. FXCM undertakes no obligation to publicly update or review previously reported operating data. Any updates to previously reported operating data will be reflected in the historical operating data that can be found on the Investor Relations page of the Company’s corporate web site, www.fxcm.com.

(1) Volume that FXCM customers traded in period translated into US dollars.

(2) An account that has sufficient funds to place a trade in accordance with FXCM trading policies.

About FXCM Inc.

FXCM Inc. (NYSE: FXCM) is a global online provider of foreign exchange (forex) trading and related services to retail and institutional customers world-wide.

At the heart of FXCM's client offering is No Dealing Desk forex trading. Clients benefit from FXCM's large network of forex liquidity providers enabling FXCM to offer competitive spreads on major currency pairs. Clients have the advantage of mobile trading, one-click order execution and trading from real-time charts. FXCM's U.K. subsidiary, Forex Capital Markets Limited, also offers CFD products with no re-quote trading and allows clients to trade oil, gold, silver and stock indices along with forex on one platform. In addition, FXCM offers educational courses on forex trading and provides free news and market research through DailyFX.com.

About this contributor

Stanimir Zhelev , ForexBrokerz.com ForexBrokerz.com ForexBrokerz.com Reviews

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