FXCM Reports Trading Metrics for May 2014, Retail Volume Up 5% MoM

by Avi Mizrahi
  • After a 14% drop in retail FX customer trading volumes the previous month, the small improvement in May 2014 is good news for FXCM but the retail volume is still 33% down from the same month last year.
FXCM Reports Trading Metrics for May 2014, Retail Volume Up 5% MoM
fxcm

FXCM released today several of its key operating metrics for May 2014 for its retail and institutional business.

The retail figures show an improvement for FXCM after a very tough month in April but not enough of a rebound to recoup the considerable double digit declines in numbers from March.

The institutional figures are completely flat with regard to volumes but the number of trades per day was almost 30% higher in May than in April 2014, this means FXCM's institutional clients must have lowered their average volume per trade.

May 2014 Retail Trading Metrics

  • Retail customer trading volume of $263 billion in May 2014, 5% higher than April 2014 and 33% lower than May 2013.
  • Average retail customer trading volume per day of $12.0 billion in May 2014, 5% higher than April 2014 and 29% lower than May 2013.
  • An average of 345,324 retail client trades per day in May 2014, 2% lower than April 2014 and 31% lower than May 2013.
  • Tradable accounts of 204,029 as of May 31, 2014, an increase of 11,424 accounts, or 6% from April 2014, and an increase of 6,523 accounts, or 3% from May 2013. May 2014 includes the addition of 8,976 accounts acquired from FXDirectDealer LLC. (FXDD).

May 2014 Institutional Trading Metrics

  • Institutional customer trading volume of $185 billion in May 2014, no change from April 2014 and 3% lower than May 2013.
  • Average institutional trading volume per day of $8.4 billion in May 2014, no change from April 2014 and 1% higher than May 2013.
  • An average of 55,365 institutional client trades per day in May 2014, 29% higher than April 2014 and 41% higher than May 2013.

It was also announced today that William Blair & Company, an investment banking and financial services firm, now holds almost 5 million (4,759,475) of FXCM shares, which is slightly over 10% of the entire amount of FXCM stocks.

fxcm

FXCM released today several of its key operating metrics for May 2014 for its retail and institutional business.

The retail figures show an improvement for FXCM after a very tough month in April but not enough of a rebound to recoup the considerable double digit declines in numbers from March.

The institutional figures are completely flat with regard to volumes but the number of trades per day was almost 30% higher in May than in April 2014, this means FXCM's institutional clients must have lowered their average volume per trade.

May 2014 Retail Trading Metrics

  • Retail customer trading volume of $263 billion in May 2014, 5% higher than April 2014 and 33% lower than May 2013.
  • Average retail customer trading volume per day of $12.0 billion in May 2014, 5% higher than April 2014 and 29% lower than May 2013.
  • An average of 345,324 retail client trades per day in May 2014, 2% lower than April 2014 and 31% lower than May 2013.
  • Tradable accounts of 204,029 as of May 31, 2014, an increase of 11,424 accounts, or 6% from April 2014, and an increase of 6,523 accounts, or 3% from May 2013. May 2014 includes the addition of 8,976 accounts acquired from FXDirectDealer LLC. (FXDD).

May 2014 Institutional Trading Metrics

  • Institutional customer trading volume of $185 billion in May 2014, no change from April 2014 and 3% lower than May 2013.
  • Average institutional trading volume per day of $8.4 billion in May 2014, no change from April 2014 and 1% higher than May 2013.
  • An average of 55,365 institutional client trades per day in May 2014, 29% higher than April 2014 and 41% higher than May 2013.

It was also announced today that William Blair & Company, an investment banking and financial services firm, now holds almost 5 million (4,759,475) of FXCM shares, which is slightly over 10% of the entire amount of FXCM stocks.

About the Author: Avi Mizrahi
Avi Mizrahi
  • 2728 Articles
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About the Author: Avi Mizrahi
  • 2728 Articles
  • 10 Followers

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