FXCM positive trade volumes in May 2012

by Adil Siddiqui
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 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 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 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 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.

About the Author: Adil Siddiqui
Adil Siddiqui
  • 1625 Articles
About the Author: Adil Siddiqui
  • 1625 Articles

More from the Author

Retail FX

!"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|} !"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}