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FXCM announced December 2011 operating metrics

FXCM Inc, a global forex broker headquartered in United States,  today announced certain key operating metrics for December 2011 for its retail and institutional foreign exchange business. You can find the November 2011 operating metrics here.

 

Retail Trading Metrics
 
Retail customer trading volume(1) of $288 billion in December 2011, 16% lower than November 2011 and 21% higher than December 2010. Volume from indirect sources was 46% of total retail volume(1). Retail customer trading volume(1) for the fourth quarter 2011 was $972 billion, 7% lower than the third quarter 2011, and 16% higher than the fourth quarter 2010.
 
Average retail customer trading volume(1) per day of $13.1 billion in December 2011, 16% lower than November 2011 and 26% higher than December 2010.
 
An average of 356,883 retail client trades per day in December 2011, 21% lower than November 2011 and 29% higher than December 2010.
 
Tradeable accounts(2) of 194,606 as of December 31, 2011, an increase of 1,834, or 1% from November 2011, and an increase of 19,366,or 11%, from December 2010.
 
Institutional Trading Metrics
 
Institutional customer trading volume(1) of $104 billion in December 2011, 31% lower than November 2011 and 103% higher than December 2010. Institutional customer trading volume(1) for the fourth quarter 2011 was $429 billion, the highest in FXCM history and 39% higher than the third quarter 2011 and 125% higher than the fourth quarter 2010.
 
Average institutional trading volume(1) per day of $4.7 billion in December 2011, 31% lower than November 2011 and 112% higher than December 2010.
 
An average of 17,470 institutional client trades per day in December 2011, 42% lower than November 2011 and 393% higher than December 2010.
 
“2011 was a solid year for FXCM,” said Drew Niv, President and CEO. “We delivered strong growth in our retail FX business growing customers 11% to 194,606 and total retail trading volume grew 19% to $3.7 trillion. In addition, our institutional business has been gaining traction and our institutional volume grew 56% to $1.2 trillion.”
 
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.

 

TAGS: fxcm  operating metrics  trading volume  december  2011 

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