Institutional Volumes Hit New Record at FXCM in November ADV of $17.1 Bln

by Adil Siddiqui
  • A positive month of trading activity at leading broker-dealer FXCM. The US-origin firm reported a sharp rise in its institutional segment that surpassed seventeen billion in daily volumes, retail trading was also up YoY.
Institutional Volumes Hit New Record at FXCM in November ADV of $17.1 Bln
FXCM logo

FXCM has kept its head above water after reporting its November operating metrics, the Multi-Asset provider of margin derivatives saw volumes increase in its institutional segment hitting a new record in average daily trading volumes. In its retail division, the average daily trading volume was the second highest in the company’s history, surpassing twenty billion. FXCM outperformed its peers in Europe and the US as firms saw a slight setback in trading activity in November.

FXCM’s emphatic October trading volumes saw some repercussions despite markets slowing down from a month earlier in November. The broker reported positive volumetric data across its segments.

November 2014 Retail Trading Metrics

Average retail customer trading volume per day of $20.9 billion in November 2014, 5% lower than October 2014 and 42% higher than November 2013.

Retail customer trading volume of $418 billion in November 2014, 18% lower than October 2014 and 36% higher than November 2013.

An average of 593,256 retail client trades per day in November 2014, 2% higher than October 2014 and 54% higher than November 2013.

Tradable accounts of 232,307 as of November 30, 2014, an increase of 12,127, or 6% from October 2014, and an increase of 43,910, or 23%, from November 2013.

November 2014 Institutional Trading Metrics

Average institutional trading volume per day of $17.1 billion in November 2014, 0.2% higher than October 2014 and 86% higher than November 2013.

Institutional customer trading volume of $342 billion in November 2014, 13% lower than October 2014 and 77% higher than November 2013.

An average of 44,518 institutional client trades per day in November 2014, 8% higher than October 2014 and 19% higher than November 2013.

November has been a mixed month for retail brokers across the globe, Japanese origin firms saw figures shoot up at the same time as their western counterparts saw overall volumes dropping from October highs.

FXCM logo

FXCM has kept its head above water after reporting its November operating metrics, the Multi-Asset provider of margin derivatives saw volumes increase in its institutional segment hitting a new record in average daily trading volumes. In its retail division, the average daily trading volume was the second highest in the company’s history, surpassing twenty billion. FXCM outperformed its peers in Europe and the US as firms saw a slight setback in trading activity in November.

FXCM’s emphatic October trading volumes saw some repercussions despite markets slowing down from a month earlier in November. The broker reported positive volumetric data across its segments.

November 2014 Retail Trading Metrics

Average retail customer trading volume per day of $20.9 billion in November 2014, 5% lower than October 2014 and 42% higher than November 2013.

Retail customer trading volume of $418 billion in November 2014, 18% lower than October 2014 and 36% higher than November 2013.

An average of 593,256 retail client trades per day in November 2014, 2% higher than October 2014 and 54% higher than November 2013.

Tradable accounts of 232,307 as of November 30, 2014, an increase of 12,127, or 6% from October 2014, and an increase of 43,910, or 23%, from November 2013.

November 2014 Institutional Trading Metrics

Average institutional trading volume per day of $17.1 billion in November 2014, 0.2% higher than October 2014 and 86% higher than November 2013.

Institutional customer trading volume of $342 billion in November 2014, 13% lower than October 2014 and 77% higher than November 2013.

An average of 44,518 institutional client trades per day in November 2014, 8% higher than October 2014 and 19% higher than November 2013.

November has been a mixed month for retail brokers across the globe, Japanese origin firms saw figures shoot up at the same time as their western counterparts saw overall volumes dropping from October highs.

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

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