FXCM August Volumes in the Green, Institutional Volumes Jump 320% YoY

Leading FX and CFD specialist, FXCM, has reported its trading activity for August. The NYSE listed firm, saw volumes dip on a month on month basis, however, the broker saw remarkable growth in its institutional focused product from figures reported a year earlier. In the retail market, FXCM saw monthly trading volumes reach $307 billion in August, with daily average volumes reach $14.0 billion. In the institutional market, the firm traded $210 billion for the month, with a daily average of $9.5 billion.

FXCM (FXCM:N) shares closed at 19.66-0.04 (-0.20%) today.

Monthly metrics:

August 2013, Retail Trading Retail Trading In finance, retail trading refers to individual traders, trading through a broker, or on a platform. This can include novice traders and experienced traders. Trading and investing are divided into two categories, retail and institutional. Institutions include investment banks like JP Morgan or Citibank and global central banks like the US Federal Reserve and the European Central Bank. When we talk about retail trading however, we usually are referring to forex trading, but there are retail trade In finance, retail trading refers to individual traders, trading through a broker, or on a platform. This can include novice traders and experienced traders. Trading and investing are divided into two categories, retail and institutional. Institutions include investment banks like JP Morgan or Citibank and global central banks like the US Federal Reserve and the European Central Bank. When we talk about retail trading however, we usually are referring to forex trading, but there are retail trade Read this Term Metrics

• Retail customer trading volume (1) of $307 billion in August 2013, 21% lower than July 2013 and 13% higher than August 2012.
• Average retail customer trading volume per day of $14.0 billion in August 2013, 17% lower than July 2013 and 19% higher than August 2012.
• An average of 411,498 retail client trades per day, in August 2013, 10% lower than July 2013 and 28% higher than August 2012.
• Tradable accounts of 185,123 as of August 31, 2013, a decrease of 9,396 accounts, or 5% from July 2013, and a decrease of 22,537 accounts, or 11% from August 2012.

Institutional Trading Institutional Trading Institutional trading can be characterized as individuals or entities with the ability to invest in securities that are not available to retail traders directly.This includes specific investments such as FX forwards or swaps, among others.There are many types of players in the institutional trading space. These include central banks, retail and commercial banks, internet banks, credit unions, savings, and loan associations, investment banks, investment companies, brokerage firms, insurance compa Institutional trading can be characterized as individuals or entities with the ability to invest in securities that are not available to retail traders directly.This includes specific investments such as FX forwards or swaps, among others.There are many types of players in the institutional trading space. These include central banks, retail and commercial banks, internet banks, credit unions, savings, and loan associations, investment banks, investment companies, brokerage firms, insurance compa Read this Term Metrics

• Institutional customer trading volume of $210 billion in August 2013, 14% higher than July 2013, and 320% higher than August 2012.
• Average institutional trading volume per day of $9.5 billion in August 2013, 19% higher than July 2013 and 332% higher than August 2012.
• An average of 56,926 institutional client trades per day in August 2013, 29% higher than July 2013 and 861% higher than August 2012.

FXCM has been growing its institutional product as it positions itself as a strong player in the segment, two major initiatives include its partnership with Credit Suisse, to launch FastMatch an FX ECN and its purchase of Lucid Markets.