FXCM March Flows Mixed, Retail Dips 6% as Institutional up 57% from February
- FXCM's March retail volumes dip as institutional flows move higher.
US-based and listed FXCM Inc, under ticker FXCM on the NYSE, today reported key trading metrics for March, with mixed results showing a decline of 6% month-over-month (MoM) to $291 billion when compared to February, yet institutional volumes were up 57% during the same period.
In addition to the 6% decline from February, the March total of $291 billion was also lower when compared year-over-year (YoY) against March 2015. Overall, a similar trend can be seen this month, when comparing the mixed results in February, as reported by Finance Magnates.
Institutional customer trading volumes reached $86 billion in March, jumping 57% MoM, higher by 26% YoY. FXCM noted that the average trading volume from institutional clients was $3.6 billion during March, up 4% MoM, and up a whopping 265% YoY.
Finance Magnates
Quarter-over-quarter (QoQ), the company said that Retail Trading Retail Trading In finance, retail trading refers to individual traders, trading through a broker, or on a platform. This can include novice traders and experienced traders. Trading and investing are divided into two categories, retail and institutional. Institutions include investment banks like JP Morgan or Citibank and global central banks like the US Federal Reserve and the European Central Bank. When we talk about retail trading however, we usually are referring to forex trading, but there are retail trade In finance, retail trading refers to individual traders, trading through a broker, or on a platform. This can include novice traders and experienced traders. Trading and investing are divided into two categories, retail and institutional. Institutions include investment banks like JP Morgan or Citibank and global central banks like the US Federal Reserve and the European Central Bank. When we talk about retail trading however, we usually are referring to forex trading, but there are retail trade Read this Term volume during Q1 2016 reached $931 billion, down 3% compared the prior quarter during Q4 2015.
The average retail customer trading volume per day in March was $12.7 billion, lower by 14% MoM, and 15% lower YoY. Yet, the average of 563,123 retail client traders per day in March was up 7% YoY, although also down 14% than February’s totals.
FXCM reported that it added just 214 new accounts, a figure that was little changed from the prior month, by 0.1%, and helped to reach 4,829 accounts YoY or 3% higher from March 2015. The number of tradeable accounts also rose slightly by 1% from February and reached 167,364 as of March, while YoY the total decreased 10% or by 17,812 accounts from the same month a year earlier. Shares of FXCM closed up nearly 2.67% around the time of the news, reaching 11.11 per share on the NYSE this Monday afternoon in New York.
US-based and listed FXCM Inc, under ticker FXCM on the NYSE, today reported key trading metrics for March, with mixed results showing a decline of 6% month-over-month (MoM) to $291 billion when compared to February, yet institutional volumes were up 57% during the same period.
In addition to the 6% decline from February, the March total of $291 billion was also lower when compared year-over-year (YoY) against March 2015. Overall, a similar trend can be seen this month, when comparing the mixed results in February, as reported by Finance Magnates.
Institutional customer trading volumes reached $86 billion in March, jumping 57% MoM, higher by 26% YoY. FXCM noted that the average trading volume from institutional clients was $3.6 billion during March, up 4% MoM, and up a whopping 265% YoY.
Finance Magnates
Quarter-over-quarter (QoQ), the company said that Retail Trading Retail Trading In finance, retail trading refers to individual traders, trading through a broker, or on a platform. This can include novice traders and experienced traders. Trading and investing are divided into two categories, retail and institutional. Institutions include investment banks like JP Morgan or Citibank and global central banks like the US Federal Reserve and the European Central Bank. When we talk about retail trading however, we usually are referring to forex trading, but there are retail trade In finance, retail trading refers to individual traders, trading through a broker, or on a platform. This can include novice traders and experienced traders. Trading and investing are divided into two categories, retail and institutional. Institutions include investment banks like JP Morgan or Citibank and global central banks like the US Federal Reserve and the European Central Bank. When we talk about retail trading however, we usually are referring to forex trading, but there are retail trade Read this Term volume during Q1 2016 reached $931 billion, down 3% compared the prior quarter during Q4 2015.
The average retail customer trading volume per day in March was $12.7 billion, lower by 14% MoM, and 15% lower YoY. Yet, the average of 563,123 retail client traders per day in March was up 7% YoY, although also down 14% than February’s totals.
FXCM reported that it added just 214 new accounts, a figure that was little changed from the prior month, by 0.1%, and helped to reach 4,829 accounts YoY or 3% higher from March 2015. The number of tradeable accounts also rose slightly by 1% from February and reached 167,364 as of March, while YoY the total decreased 10% or by 17,812 accounts from the same month a year earlier. Shares of FXCM closed up nearly 2.67% around the time of the news, reaching 11.11 per share on the NYSE this Monday afternoon in New York.