FXCM Reports Monthly Metrics
January 12 2017 - 08:00AM
FXCM Inc. (NASDAQ:FXCM) today announced
certain key customer trading metrics for December 2016 for its
retail and institutional foreign exchange business.
December 2016 Customer Trading Metrics from Continuing
Operations (1)
Retail Customer Trading Metrics
- Retail customer trading volume(2) of $235 billion in
December 2016, 33% lower than November 2016 and 27% lower than
December 2015.
- Retail customer trading volume(2) for the fourth quarter
2016 was $893 billion, 2% higher than the third quarter 2016, and
7% lower than the fourth quarter 2015.
- Retail customer trading volume(2) for the full year 2016
was $3.5 trillion, 8% lower than full year 2015.
- Volume from indirect sources was 39% of total retail
volume(2) in the fourth quarter 2016.
- Average retail customer trading volume(2) per day of $11.2
billion in December 2016, 30% lower than November 2016 and 24%
lower than December 2015.
- An average of 484,611 retail client trades per day in December
2016, 21% lower than November 2016 and 3% lower than December
2015.
- Active accounts(3) of 178,782 as of December 31,
2016, a decrease of 650, or 0.4%, from November 30, 2016, and
an increase of 935, or 0.5%, from December 31, 2015.
- Tradeable accounts(4) of 155,353 as of December 31, 2016,
a decrease of 575, or 0.4% from November 30, 2016, and a decrease
of 6,279, or 4%, from December 31, 2015.
Institutional Customer Trading Metrics
- Institutional customer trading volume(2) of $25 billion in
December 2016, 11% lower than November 2016 and 31% lower than
December 2015.
- Institutional customer trading volume(2) for the fourth
quarter 2016 was $77 billion, 20% lower than the third quarter
2016, and 31% lower than the fourth quarter 2015.
- Institutional customer trading volume(2) for full year
2016 was $527 billion, 1% lower than full year 2015.
- Average institutional trading volume(2) per day of $1.2
billion in December 2016, 8% lower than November 2016 and 25% lower
than December 2015.
- An average of 34,649 institutional client trades per day in
December 2016, 3% lower than November 2016 and 18% higher than
December 2015.
More information, including historical results for each of the
above metrics, can be found on the investor relations page of
FXCM's corporate website www.fxcm.com.
This operating data is preliminary and subject to revision and
should not be taken as an indication of the financial performance
of FXCM Inc. FXCM undertakes no obligation to publicly update or
review previously reported operating data. Any updates to
previously reported operating data will be reflected in the
historical operating data that can be found on the Investor
Relations page of the Company's corporate
website www.fxcm.com.
(1) Customer Trading Metrics from Continuing Operations
excludes discontinued operations of FXCM Japan and FXCM Hong Kong.
(2) Volume that FXCM customers traded in period is translated
into US dollars. (3) An Active Account represents an account
that has traded at least once in the previous twelve months.
(4) A Tradeable Account is an account with sufficient funds to
place a trade in accordance with FXCM trading policies.
About Us: FXCM
Inc. (NASDAQ:FXCM) is a publicly traded company which
owns 50.1% of FXCM Group, LLC (FXCM Group).
FXCM Group is a holding company of Forex
Capital Markets LLC, (FXCM US), Forex Capital
Markets Limited, inclusive of all EU branches (FXCM
UK), FXCM Australia Pty. Limited, (FXCM
AU), and all affiliates of aforementioned firms, or other
firms under the FXCM group of companies (collectively "FXCM"). FXCM
Group is owned and operated by FXCM
Inc. (NASDAQ:FXCM) and Leucadia National Corporation
(NYSE:LUK). Leucadia National Corporation is a multi-billion dollar
diversified holding company engaged through its consolidated
subsidiaries in a variety of businesses.
FXCM is a leading provider of online
foreign exchange (FX) trading, CFD trading, spread betting and
related services. The company's mission is to provide global
traders with access to the world's largest and most liquid market
by offering innovative trading tools, hiring excellent trading
educators, meeting strict financial standards and striving for the
best online trading experience in the market. Clients have the
advantage of mobile trading, one-click order execution and trading
from real-time charts. In addition, FXCM offers educational courses
on FX trading and provides trading tools proprietary data and
premium
resources. FXCM Pro provides retail
brokers, small hedge funds and emerging market banks access to
wholesale execution and liquidity, while providing high and medium
frequency funds access to prime brokerage services via FXCM
Prime.
Trading foreign exchange and CFDs on margin carries a high level
of risk, which may result in losses that could exceed your
deposits, therefore may not be suitable for all
investors. Read full disclaimer.
Contacts
Jaclyn Sales, 646-432-2463
Vice-President, Corporate Communications and Investor Relations
jsales@fxcm.com
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