Forex.com’s trading volumes drop by double digits in December
Jan 10 2017 15:17:56 Jonathan Smith in Brokers
According to the monthly metrics, provided on Gain Capital’s website, the over-the-counter (OTC) trading volume of its retail brand Forex.com dropped to $189.1 billion. The figure represents a decrease of 26.4% from previous month, and a drop by 33.
FXCM’s stock price ended the year on a low note
Jan 03 2017 09:15:49 Jonathan Smith in Market
The stock price of major forex brokerage FXCM (NASDAQ:FXCM) hit a 52-week low on Friday (30 Dec), its shares closing down at $7.05. The figure represents a drop by more than 55%, compared to a year earlier – on Jan 4, 2016 the broker’s stock traded for $15.77 apiece.