FXCM positive trade volumes in May 2012
FXCM, one of the worlds largest FX brokers has announced positive trading results for May 2012. The broker announced certain key operating metrics for May 2012 for its retail and institutional foreign Exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv Read this Term business. Monthly activities included:
May 2012
Retail Trading Metrics
· Retail customer trading volume(1)of $304 billion in May 2012, 23% higher than April 2012 and 7% lower than May 2011.
· Average retail customer trading volume(1)per day of $13.2 billion in May 2012, 12% higher than April 2012 and 11% lower than May 2011.
· An average of 362,293 retail client trades per day in May 2012, 12% higher than April 2012 and 0.4% lower than May 2011.
· Tradeable accounts(2) of 203,873 as of May 31, 2012, an increase 1,334, or 1% from April 2012, and an increase of 36,029,or 21%, from May 2011.
Institutional Trading Metrics
- · Institutional customer trading volume(1) of $138 billion in May 2012, 34% higher than April 2012 and 73% higher than May 2011.
· Average institutional trading volume(1)per day of $6.0 billion in May 2012, 22% higher than April 2012 and 65% higher than May 2011.
· An average of 16,496 institutional client trades per day in May 2012, 21% higher than April 2012 and 90% higher than May 2011.
“May turned out to be a solid month for FXCM. Despite weak 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 Read this Term in the first half of the month, we saw a nice rebound in the second half of the month, and this can be seen through our volumes. We are well positioned if trends in volatility continue,” said Drew Niv, Chief Executive Officer.
(1) Volume that FXCM customers traded in period translated into US dollars.
(2) An account that has sufficient funds to place a trade in accordance with FXCM trading policies.
FXCM, one of the worlds largest FX brokers has announced positive trading results for May 2012. The broker announced certain key operating metrics for May 2012 for its retail and institutional foreign Exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv Read this Term business. Monthly activities included:
May 2012
Retail Trading Metrics
· Retail customer trading volume(1)of $304 billion in May 2012, 23% higher than April 2012 and 7% lower than May 2011.
· Average retail customer trading volume(1)per day of $13.2 billion in May 2012, 12% higher than April 2012 and 11% lower than May 2011.
· An average of 362,293 retail client trades per day in May 2012, 12% higher than April 2012 and 0.4% lower than May 2011.
· Tradeable accounts(2) of 203,873 as of May 31, 2012, an increase 1,334, or 1% from April 2012, and an increase of 36,029,or 21%, from May 2011.
Institutional Trading Metrics
- · Institutional customer trading volume(1) of $138 billion in May 2012, 34% higher than April 2012 and 73% higher than May 2011.
· Average institutional trading volume(1)per day of $6.0 billion in May 2012, 22% higher than April 2012 and 65% higher than May 2011.
· An average of 16,496 institutional client trades per day in May 2012, 21% higher than April 2012 and 90% higher than May 2011.
“May turned out to be a solid month for FXCM. Despite weak 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 Read this Term in the first half of the month, we saw a nice rebound in the second half of the month, and this can be seen through our volumes. We are well positioned if trends in volatility continue,” said Drew Niv, Chief Executive Officer.
(1) Volume that FXCM customers traded in period translated into US dollars.
(2) An account that has sufficient funds to place a trade in accordance with FXCM trading policies.