FXCM August Trade Metrics – volumes lower

Listed FX broker dealer FXCM has posted its monthly metrics for the month of August. Figures are in line with

Listed FX broker dealer FXCM has posted its monthly metrics for the month of August. Figures are in line with the market in general and the snow ball effect of reduced trading activity is evident in the retail segment.

Monthly activities included:

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August 2012

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Retail Trading Metrics

  • Retail customer trading volume of $271 billion in August 2012, 6% lower than July 2012 and 26% lower than August 2011.
  • Average retail customer trading volume per day of $11.8 billion in August 2012, 10% lower than July 2012 and 26% lower than August 2011.
  • An average of 320,787 retail customer trades per day in August 2012, 10% lower than July 2012 and 31% lower than August 2011.
  • Tradeable accounts of 207,660 as of August 31, 2012, an increase of 915, or 0.4% from July 2012, and an increase of 32,716,or 19%, from August 2011.

Institutional Trading Metrics

  • Institutional customer trading volume of $50 billion in August 2012, 17% lower than July 2012 and 58% lower than August 2011.
  • Average institutional trading volume per day of $2.2 billion in August 2012, 20% lower than July 2012 and 58% lower than August 2011.
  • An average of 5,921 institutional client trades per day in August 2012, 6% lower than July 2012 and 29% lower than August 2011.

“August volumes continued to reflect the low volatility and seasonal impact we saw in July,” said Drew Niv, CEO of FXCM. “However, to date, our September volumes show a meaningful improvement as the summer has ended and volatility in major currencies has increased.”

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