US retail forex capital grew by $3 million in November 2011
- US retail forex capital held by FCMs, RFEDs and FCMRFDs - per CFTC's definitions - grew by most $3 million in November. These deposits describe the amount of retail forex funds held by American brokers - this may include funds not only from American clients.
As per usual CFTC's reporting requirements:
US retail Forex Forex Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Read this Term capital held by FCMs, RFEDs and FCMRFDs - per CFTC's definitions - grew by most $3 million in November. These deposits describe the amount of retail forex funds held by American brokers - this may include funds not only from American clients.
In October 2011 retail forex capital grew by $30 million while in September 2011 it dropped by $20 million. In November it grew by $3 million. This may be to the lower Volatility Volatility In finance, volatility refers to the amount of change in the rate of a financial instrument, such as commodities, currencies, stocks, over a given time period. Essentially, volatility describes the nature of an instrument’s fluctuation; a highly volatile security equates to large fluctuations in price, and a low volatile security equates to timid fluctuations in price. Volatility is an important statistical indicator used by financial traders to assist them in developing trading systems. Traders In finance, volatility refers to the amount of change in the rate of a financial instrument, such as commodities, currencies, stocks, over a given time period. Essentially, volatility describes the nature of an instrument’s fluctuation; a highly volatile security equates to large fluctuations in price, and a low volatile security equates to timid fluctuations in price. Volatility is an important statistical indicator used by financial traders to assist them in developing trading systems. Traders Read this Term and the seasonal year's end slowdown. Almost all brokers increased the forex capital they hold however GFT stood out by losing almost $7 million of its clients capital. The changes in the held capital are hard to explain and may be attributed to slow down in acquisition of new clients, client losses, transfers of accounts from US subsidiaries to foreign ones and more.
Q4 2011 US forex brokers profitability report will show a steep decrease in number of retail forex accounts held with American brokers, but will show much improved profitability numbers for the traders.
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| November | October | Change | |
|---|---|---|---|
| ADM | 388,210 | 1,317,141 | (928,931) |
| ADVANCED MARKETS | 1,712,860 | 1,435,978 | 276,882 |
| ALPARI | 11,395,016 | 10,598,154 | 796,862 |
| FXCM | 145,610,245 | 143,995,235 | 1,615,010 |
| FOREX CLUB | 10,050,563 | 7,977,471 | 2,073,092 |
| FX SOL | 18,037,803 | 18,133,087 | (95,284) |
| FXDD | 33,439,892 | 32,712,310 | 727,582 |
| GAIN | 106,658,310 | 104,273,801 | 2,384,509 |
| GFT | 89,756,738 | 96,552,804 | (6,796,066) |
| ILQ | 8,671,301 | 8,618,517 | 52,784 |
| IBFX | 30,713,888 | 31,190,383 | (476,495) |
| MB TRADING | 33,990,537 | 33,929,087 | 61,450 |
| OANDA | 153,547,893 | 151,844,337 | 1,703,556 |
| PFG | 33,065,159 | 33,225,920 | (160,761) |
| RJ OBRIEN | 2,963,082 | 2,909,074 | 54,008 |
| TRADESTATION | 41,216,375 | 39,715,216 | 1,501,159 |
| XPRESSTRADE | 840,943 | 742,078 | 98,865 |
| Total | 722,058,815 | 719,170,593 | 2,888,222 |
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As per usual CFTC's reporting requirements:
US retail Forex Forex Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Read this Term capital held by FCMs, RFEDs and FCMRFDs - per CFTC's definitions - grew by most $3 million in November. These deposits describe the amount of retail forex funds held by American brokers - this may include funds not only from American clients.
In October 2011 retail forex capital grew by $30 million while in September 2011 it dropped by $20 million. In November it grew by $3 million. This may be to the lower Volatility Volatility In finance, volatility refers to the amount of change in the rate of a financial instrument, such as commodities, currencies, stocks, over a given time period. Essentially, volatility describes the nature of an instrument’s fluctuation; a highly volatile security equates to large fluctuations in price, and a low volatile security equates to timid fluctuations in price. Volatility is an important statistical indicator used by financial traders to assist them in developing trading systems. Traders In finance, volatility refers to the amount of change in the rate of a financial instrument, such as commodities, currencies, stocks, over a given time period. Essentially, volatility describes the nature of an instrument’s fluctuation; a highly volatile security equates to large fluctuations in price, and a low volatile security equates to timid fluctuations in price. Volatility is an important statistical indicator used by financial traders to assist them in developing trading systems. Traders Read this Term and the seasonal year's end slowdown. Almost all brokers increased the forex capital they hold however GFT stood out by losing almost $7 million of its clients capital. The changes in the held capital are hard to explain and may be attributed to slow down in acquisition of new clients, client losses, transfers of accounts from US subsidiaries to foreign ones and more.
Q4 2011 US forex brokers profitability report will show a steep decrease in number of retail forex accounts held with American brokers, but will show much improved profitability numbers for the traders.
table.tableizer-table {border: 1px solid #CCC; font-family: Arial, Helvetica, sans-serif; font-size: 12px;} .tableizer-table td {padding: 4px; margin: 3px; border: 1px solid #ccc;}
.tableizer-table th {background-color: #104E8B; color: #FFF; font-weight: bold;}
| November | October | Change | |
|---|---|---|---|
| ADM | 388,210 | 1,317,141 | (928,931) |
| ADVANCED MARKETS | 1,712,860 | 1,435,978 | 276,882 |
| ALPARI | 11,395,016 | 10,598,154 | 796,862 |
| FXCM | 145,610,245 | 143,995,235 | 1,615,010 |
| FOREX CLUB | 10,050,563 | 7,977,471 | 2,073,092 |
| FX SOL | 18,037,803 | 18,133,087 | (95,284) |
| FXDD | 33,439,892 | 32,712,310 | 727,582 |
| GAIN | 106,658,310 | 104,273,801 | 2,384,509 |
| GFT | 89,756,738 | 96,552,804 | (6,796,066) |
| ILQ | 8,671,301 | 8,618,517 | 52,784 |
| IBFX | 30,713,888 | 31,190,383 | (476,495) |
| MB TRADING | 33,990,537 | 33,929,087 | 61,450 |
| OANDA | 153,547,893 | 151,844,337 | 1,703,556 |
| PFG | 33,065,159 | 33,225,920 | (160,761) |
| RJ OBRIEN | 2,963,082 | 2,909,074 | 54,008 |
| TRADESTATION | 41,216,375 | 39,715,216 | 1,501,159 |
| XPRESSTRADE | 840,943 | 742,078 | 98,865 |
| Total | 722,058,815 | 719,170,593 | 2,888,222 |