FXCM Holdings LLC Releases Financial Data: Balance Sheet as of April 30th, 2009

by Michael Greenberg
FXCM Holdings LLC Releases Financial Data: Balance Sheet as of April 30th, 2009
fxcmtax

FXCM Holdings LLC Releases Financial Data:

For Immediate Release:Media Contact: Jaclyn Sales, jsales@fxcm.com

New York, June 4, 2009: FXCM Holdings LLC continues to make a public release of its balance sheet. The numbers reflect the firm’s financial strength and status as of April 30, 2009.

Highlights of the (unaudited) balance sheet include the following:

$114,985,838 In Capital (Assets Minus Liabilities)

$130,307,551 In Operating Cash (Excludes Client Funds)

Please Note: In April, there was a significant drop in the firm's net capital.This decrease is related to FXCM fulfilling its tax obligations. Last year was a terrific year for FXCM with the firm hitting all-time volume highs, and as a result, the ownership of FXCM made Payments of nearly $50 Million towards fulfilling taxes due.However, even after such payments, FXCM Holdings, LLC has over $100 Million in firm capital, of which $60,472,142 is held by the firm's US registered entity, Forex Capital Markets LLC.*The remaining capital is held by FXCM’s other entities, including regulated entities in Australia, Dubai, Canada, Hong Kong and the United Kingdom.

FXCM Holdings, LLC Facts

As of January 2009

•FXCM Holdings LLC has over $100 Million in capital

•More than 125,000 live accounts are traded on FXCM trading platforms

•An average of $500 billion in notional volume is traded each month on FXCM trading platforms

•In excess of $600 million in customer funds trading on platforms offered by FXCM

Drew Niv, CEO of the global trading firm, commented: "FXCM is proud of our financial discipline and strong balance sheet. We believe clients should have the necessary information to make intelligent choices. By releasing this information, we hope to set an example for the entire forex industry."

Balance Sheet (Unaudited) FOR THE MONTH ENDED APRIL 30, 2009 (Amounts in USD)

ASSETS

CUSTOMER CASH

287,614,938

OPERATING CASH

130,307,551

OTHER ASSETS

9,248,124

FIXED ASSETS

10,476,181

TOTAL ASSETS

437,682,794

LIABILITIES

CUSTOMER DEPOSITS

287,614,938

DEFFERED REVENUE

16,000,000

OTHER LIABILITIES

19,082,018

TOTAL LIABILITIES

322,696,956

CAPITAL

FXCM CAPITAL

114,985,838

TOTAL LIABILITIES AND FXCM CAPITAL

437,682,794

FXCM Holdings, LLC consists of FXCM Australia LTD., Forex Trading LLC, Forex Capital Markets LLC, Forex Capital Markets LTD, FXCM Asia LTD, FXCM Canada LTD and FXCM DMCC.

Trading FX, CFDs and Spread Betting on margin carries a high level of risk, and may not be suitable for all investors.

* https://cftc.gov/stellent/groups/public/@financialdataforfcms/documents/file/fcmdata0409.pdf

fxcmtax

FXCM Holdings LLC Releases Financial Data:

For Immediate Release:Media Contact: Jaclyn Sales, jsales@fxcm.com

New York, June 4, 2009: FXCM Holdings LLC continues to make a public release of its balance sheet. The numbers reflect the firm’s financial strength and status as of April 30, 2009.

Highlights of the (unaudited) balance sheet include the following:

$114,985,838 In Capital (Assets Minus Liabilities)

$130,307,551 In Operating Cash (Excludes Client Funds)

Please Note: In April, there was a significant drop in the firm's net capital.This decrease is related to FXCM fulfilling its tax obligations. Last year was a terrific year for FXCM with the firm hitting all-time volume highs, and as a result, the ownership of FXCM made Payments of nearly $50 Million towards fulfilling taxes due.However, even after such payments, FXCM Holdings, LLC has over $100 Million in firm capital, of which $60,472,142 is held by the firm's US registered entity, Forex Capital Markets LLC.*The remaining capital is held by FXCM’s other entities, including regulated entities in Australia, Dubai, Canada, Hong Kong and the United Kingdom.

FXCM Holdings, LLC Facts

As of January 2009

•FXCM Holdings LLC has over $100 Million in capital

•More than 125,000 live accounts are traded on FXCM trading platforms

•An average of $500 billion in notional volume is traded each month on FXCM trading platforms

•In excess of $600 million in customer funds trading on platforms offered by FXCM

Drew Niv, CEO of the global trading firm, commented: "FXCM is proud of our financial discipline and strong balance sheet. We believe clients should have the necessary information to make intelligent choices. By releasing this information, we hope to set an example for the entire forex industry."

Balance Sheet (Unaudited) FOR THE MONTH ENDED APRIL 30, 2009 (Amounts in USD)

ASSETS

CUSTOMER CASH

287,614,938

OPERATING CASH

130,307,551

OTHER ASSETS

9,248,124

FIXED ASSETS

10,476,181

TOTAL ASSETS

437,682,794

LIABILITIES

CUSTOMER DEPOSITS

287,614,938

DEFFERED REVENUE

16,000,000

OTHER LIABILITIES

19,082,018

TOTAL LIABILITIES

322,696,956

CAPITAL

FXCM CAPITAL

114,985,838

TOTAL LIABILITIES AND FXCM CAPITAL

437,682,794

FXCM Holdings, LLC consists of FXCM Australia LTD., Forex Trading LLC, Forex Capital Markets LLC, Forex Capital Markets LTD, FXCM Asia LTD, FXCM Canada LTD and FXCM DMCC.

Trading FX, CFDs and Spread Betting on margin carries a high level of risk, and may not be suitable for all investors.

* https://cftc.gov/stellent/groups/public/@financialdataforfcms/documents/file/fcmdata0409.pdf

About the Author: Michael Greenberg
Michael Greenberg
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About the Author: Michael Greenberg
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