Shares of FXCM Skyrocket 15% as Investors Anticipate Higher Q1 Revenues
- FXCM’s shares have been trending higher in today’s trading session on the NYSE.
Shares of FXCM Inc (NYSE:FXCM) have been trending higher today, with no material events reported by the company. What could be the main factor behind the 15 per cent increase in today’s trading on the New York Stock Exchange is the realization by investors that the foreign exchange and CFDs brokerage is likely to have a pretty good quarter.
Trading volumes across the spectrum have been rising since the start of 2016 and halfway through the quarter the relentless Volatility Volatility In finance, volatility refers to the amount of change in the rate of a financial instrument, such as commodities, currencies, stocks, over a given time period. Essentially, volatility describes the nature of an instrument’s fluctuation; a highly volatile security equates to large fluctuations in price, and a low volatile security equates to timid fluctuations in price. Volatility is an important statistical indicator used by financial traders to assist them in developing trading systems. Traders In finance, volatility refers to the amount of change in the rate of a financial instrument, such as commodities, currencies, stocks, over a given time period. Essentially, volatility describes the nature of an instrument’s fluctuation; a highly volatile security equates to large fluctuations in price, and a low volatile security equates to timid fluctuations in price. Volatility is an important statistical indicator used by financial traders to assist them in developing trading systems. Traders in major currency pairs has remained broadly intact.
Looking at the first half of the first quarter of 2016, institutional venues which are publicly reporting their trading volumes such as Hotspot and FastMatch (where FXCM is one of the biggest shareholders) on a daily basis have already reported between 30 and 40 per cent growth.
Electronic Communications Network (ECN) Electronic Communications Network (ECN) Electronic Communications Network or ECNs are execution venues which are providing the infrastructure for matching buyers with sellers. Electronic trading is traditionally used in OTC products and outside of exchanges. An ECN normally functions as an electronic system that disseminates orders entered by market makers to third parties. In doing so, an ECN permits the orders to be executed against in whole or in part. The most common products that are traded on ECNs are stocks and currencies, maki Electronic Communications Network or ECNs are execution venues which are providing the infrastructure for matching buyers with sellers. Electronic trading is traditionally used in OTC products and outside of exchanges. An ECN normally functions as an electronic system that disseminates orders entered by market makers to third parties. In doing so, an ECN permits the orders to be executed against in whole or in part. The most common products that are traded on ECNs are stocks and currencies, maki ) for foreign exchange trading FastMatch, where FXCM still holds a 35 per cent stake, has not only managed to recover after the post-Swiss National Bank (SNB) slump, but is currently registering about 56 per cent higher volumes for 2016 on an average daily volume basis.
With a sale of FastMatch to ICE circulating the wires last summer, the estimated valuation that was given was close to $200 million. Almost half a year later, the company has continued its slow but steady recovery in trading volumes. After the ECN recently dropped a number of fees and introduced symmetric last look trading, its market share could continue to rise in the coming months.
With volumes reports of major foreign exchange and CFDs brokers for the first month of 2016 being closer to the first part of 2015, investors are acknowledging the positive news. While shares of FXCM have grown close to 15 per cent as of writing, GAIN Capital’s market capitalization has increased by only 2 per cent in today’s trade (as of writing).
A year after the Swiss franc crisis which hit a number of Straight Through Processing (STP) brokers, exposing them to bad credit, FXCM continues to remain in business defying all odds. While shareholders of the company have suffered a massive blow, the firm continues to be in business and is providing one of the very few options for STP trading in the U.S.
Despite today’s rally, shares of FXCM Inc (NYSE:FXCM) are currently trading about 56 per cent lower than the recent highs marked on the 30th of December 2015.
Shares of FXCM Inc (NYSE:FXCM) have been trending higher today, with no material events reported by the company. What could be the main factor behind the 15 per cent increase in today’s trading on the New York Stock Exchange is the realization by investors that the foreign exchange and CFDs brokerage is likely to have a pretty good quarter.
Trading volumes across the spectrum have been rising since the start of 2016 and halfway through the quarter the relentless Volatility Volatility In finance, volatility refers to the amount of change in the rate of a financial instrument, such as commodities, currencies, stocks, over a given time period. Essentially, volatility describes the nature of an instrument’s fluctuation; a highly volatile security equates to large fluctuations in price, and a low volatile security equates to timid fluctuations in price. Volatility is an important statistical indicator used by financial traders to assist them in developing trading systems. Traders In finance, volatility refers to the amount of change in the rate of a financial instrument, such as commodities, currencies, stocks, over a given time period. Essentially, volatility describes the nature of an instrument’s fluctuation; a highly volatile security equates to large fluctuations in price, and a low volatile security equates to timid fluctuations in price. Volatility is an important statistical indicator used by financial traders to assist them in developing trading systems. Traders in major currency pairs has remained broadly intact.
Looking at the first half of the first quarter of 2016, institutional venues which are publicly reporting their trading volumes such as Hotspot and FastMatch (where FXCM is one of the biggest shareholders) on a daily basis have already reported between 30 and 40 per cent growth.
Electronic Communications Network (ECN) Electronic Communications Network (ECN) Electronic Communications Network or ECNs are execution venues which are providing the infrastructure for matching buyers with sellers. Electronic trading is traditionally used in OTC products and outside of exchanges. An ECN normally functions as an electronic system that disseminates orders entered by market makers to third parties. In doing so, an ECN permits the orders to be executed against in whole or in part. The most common products that are traded on ECNs are stocks and currencies, maki Electronic Communications Network or ECNs are execution venues which are providing the infrastructure for matching buyers with sellers. Electronic trading is traditionally used in OTC products and outside of exchanges. An ECN normally functions as an electronic system that disseminates orders entered by market makers to third parties. In doing so, an ECN permits the orders to be executed against in whole or in part. The most common products that are traded on ECNs are stocks and currencies, maki ) for foreign exchange trading FastMatch, where FXCM still holds a 35 per cent stake, has not only managed to recover after the post-Swiss National Bank (SNB) slump, but is currently registering about 56 per cent higher volumes for 2016 on an average daily volume basis.
With a sale of FastMatch to ICE circulating the wires last summer, the estimated valuation that was given was close to $200 million. Almost half a year later, the company has continued its slow but steady recovery in trading volumes. After the ECN recently dropped a number of fees and introduced symmetric last look trading, its market share could continue to rise in the coming months.
With volumes reports of major foreign exchange and CFDs brokers for the first month of 2016 being closer to the first part of 2015, investors are acknowledging the positive news. While shares of FXCM have grown close to 15 per cent as of writing, GAIN Capital’s market capitalization has increased by only 2 per cent in today’s trade (as of writing).
A year after the Swiss franc crisis which hit a number of Straight Through Processing (STP) brokers, exposing them to bad credit, FXCM continues to remain in business defying all odds. While shareholders of the company have suffered a massive blow, the firm continues to be in business and is providing one of the very few options for STP trading in the U.S.
Despite today’s rally, shares of FXCM Inc (NYSE:FXCM) are currently trading about 56 per cent lower than the recent highs marked on the 30th of December 2015.