FXCM Reports Monthly Metrics for March 2011 - volume up 26%

by Michael Greenberg
FXCM Reports Monthly Metrics for March 2011 - volume up 26%

NEW YORK, Apr 14, 2011 FXCM Inc. (NYSE: FXCM) today announced certain key operating metrics for March 2011 for its retail foreign Exchange business. This time the report also includes an interesting fact such as percentage of volume coming from IBs/WLs. Monthly activities included:

  • Retail customer trading volume (1) of $314 billion in March 2011, 26% higher than February 2011 and 28% higher than March 2010. For the quarter, retail customer trading volume was $822 billion, a decline of 2% from the previous quarter. Volume from indirect sources including referring brokers and White Labels was 57% of total retail customer trading volume for the quarter.
  • An average of 324,399 retail client trades per day in March 2011, 10% higher than February 2011 and 13% higher than March 2010. For the quarter, retail client trades per day were 309,777 a decline of 2% from the previous quarter.
  • Active accounts (2) of 139,900 as of March 31, 2011, an increase of 733 or 1% from February 2011, and an increase of 17,717 or 15% from March 2010.

(1) Volume that FXCM retail customers traded in period translated into US dollars. (2) An account that has traded at least once in the previous twelve months. Previous FXCM 2009-2011 monthly metrics can be found on the following page: https://ir.fxcm.com/phoenix.zhtml?c=238885&p=irol-opmetrics * - certain active account figures are lacking due to FXCM changing its calculation method in February 2011. Previous reports: January 2011 February 2011 November 2010

NEW YORK, Apr 14, 2011 FXCM Inc. (NYSE: FXCM) today announced certain key operating metrics for March 2011 for its retail foreign Exchange business. This time the report also includes an interesting fact such as percentage of volume coming from IBs/WLs. Monthly activities included:

  • Retail customer trading volume (1) of $314 billion in March 2011, 26% higher than February 2011 and 28% higher than March 2010. For the quarter, retail customer trading volume was $822 billion, a decline of 2% from the previous quarter. Volume from indirect sources including referring brokers and White Labels was 57% of total retail customer trading volume for the quarter.
  • An average of 324,399 retail client trades per day in March 2011, 10% higher than February 2011 and 13% higher than March 2010. For the quarter, retail client trades per day were 309,777 a decline of 2% from the previous quarter.
  • Active accounts (2) of 139,900 as of March 31, 2011, an increase of 733 or 1% from February 2011, and an increase of 17,717 or 15% from March 2010.

(1) Volume that FXCM retail customers traded in period translated into US dollars. (2) An account that has traded at least once in the previous twelve months. Previous FXCM 2009-2011 monthly metrics can be found on the following page: https://ir.fxcm.com/phoenix.zhtml?c=238885&p=irol-opmetrics * - certain active account figures are lacking due to FXCM changing its calculation method in February 2011. Previous reports: January 2011 February 2011 November 2010

About the Author: Michael Greenberg
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