NEW YORK" 2017-03-13 21:15 CET (GLOBE NEWSWIRE) --
FXCM Group, LLC ("FXCM Group" or "FXCM"), a leading international provider of
online foreign exchange trading, CFD trading, spread betting and related
services, today announced certain key customer trading metrics for February
2017 for its retail and institutional foreign exchange business, excluding
Forex Capital Markets LLC ("FXCM US").
February 2017 Customer Trading Metrics from Continuing Operations (excluding United States business due to accounts sale and business withdrawal)
Customer Trading Metrics
-- Customer trading volume (1) of $201 billion in February 2017, 21% lower than January 2017 and 33% lower than February 2016. -- Average customer trading volume (1) per day of $10.1 billion in February 2017, 16% lower than January 2017 and 29% lower than February 2016. -- An average of 408,446 client trades per day in February 2017, 16% lower than January 2017 and 29% lower than February 2016. -- Retail Active accounts (2) of 130,432 as of February 28, 2017, a decrease of 1,576, or 1%, from January 31, 2017, and a decrease of 2,827, or 2%, from February 29, 2016. -- Retail Tradeable accounts (3) of 109,133 as of February 28, 2017, an increase of 2,927, or 3%, from January 31, 2017, and a decrease of 2,145, or 2%, from February 29, 2016.
More information, including historical results for each of the above metrics, can be found on FXCM's corporate website http://www.fxcm.com/uk.
This operating data is preliminary and subject to revision and should not be taken as an indication of the financial performance of FXCM Group. 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 Company's corporate website www.fxcm.com/uk.
(1) Volume that FXCM customers traded in period is translated into US dollars. (2) An Active Account represents an account that has traded at least once in the previous twelve months. (3) A Tradeable Account is an account with sufficient funds to place a trade in accordance with FXCM trading policies.
Continuing Operations Jan-17 Feb-17 Mar-17 Apr-17 May-17 Jun-17 Jul-17 Aug-17 Sep-17 Oct-17 Nov-17 Dec-17 Tradin 21 20 23 20 23 22 21 23 21 22 22 20 g Days in Perio d Retail 132,008 130,432 - - - - - - - - - - Activ e Accou nts - Ex FXCM US LLC (1) Retail 46,764 45,395 - - - - - - - - - - Activ e Accou nts - FXCM US LLC (1) Retail 178,772 175,827 - - - - - - - - - - Activ e Accou nts (1) Retail 106,206 109,133 - - - - - - - - - - Trade able Accou nts - Ex FXCM US LLC (2) Retail 50,611 143 - - - - - - - - - - Trade able Accou nts - FXCM US LLC (2) Retail 156,817 109,276 - - - - - - - - - - Trade able Accou nts (2) Daily 488,917 408,446 - - - - - - - - - - Avera ge Trade s - Custo mers - Ex FXCM US LLC Daily 113,684 73,316 - - - - - - - - - - Avera ge Trade s - Custo mers - FXCM US LLC Daily 602,602 481,761 - - - - - - - - - - Avera ge Trade s - Custo mers Total 253 201 - - - - - - - - - - Custo mer Tradi ng Volum e (in Billi ons US$ Equiv alent) - Ex FXCM US LLC (3) Total $ 62 $ 38 $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - Custo mer Tradi ng Volum e (in Billi ons US$ Equiv alent) - FXCM US LLC (3) Total $ 315 $ 239 $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - Custo mer Tradi ng Volum e (in Billi ons US$ Equiv alent) (3) Averag $ 12.0 $ 10.1 $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - e Custo mer Tradi ng Volum e per Day (in Billi ons US$ Equiv alent) - Ex FXCM US LLC (3) Averag $ 2.9 $ 1.9 $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - e Custo mer Tradi ng Volum e per Day (in Billi ons US$ Equiv alent) - FXCM US LLC (3) Averag $ 15.0 $ 11.9 $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - e Retai l Custo mer Tradi ng Volum e per Day (in Billi ons US$ Equiv alent) (3) Continuing Operations Jan-16 Feb-16 Mar-16 Apr-16 May-16 Jun-16 Jul-16 Aug-16 Sep-16(4) Oct-16 Nov-16 Dec-16 Tradin 20 21 23 21 22 22 21 23 22 21 22 21 g Days in Perio d Retail 130,739 133,259 132,626 132,930 133,281 133,318 131,554 130,993 132,036 132,207 133,065 132,456 Activ e Accou nts - Ex FXCM US LLC (1) Retail 41,156 42,263 43,110 43,882 44,619 45,126 45,066 44,764 45,782 45,742 46,367 46,326 Activ e Accou nts - FXCM US LLC (1) Retail 171,895 175,522 175,736 176,812 177,900 178,444 176,620 175,757 177,818 177,949 179,432 178,782 Activ e Accou nts (1) Retail 109,093 111,278 112,708 113,705 115,177 115,982 116,405 119,032 105,500 105,749 105,903 105,582 Trade able Accou nts - Ex FXCM US LLC (2) Retail 53,543 54,001 54,656 55,463 55,673 55,525 55,264 54,416 49,567 49,237 50,025 49,771 Trade able Accou nts - FXCM US LLC (2) Retail 162,636 165,279 167,364 169,168 170,850 171,507 171,669 173,448 155,067 154,986 155,928 155,353 Trade able Accou nts (2) Daily 598,424 576,345 504,069 523,385 491,144 505,934 503,479 436,116 504,103 477,914 538,144 426,394 Avera ge Trade s - Custo mers - Ex FXCM US LLC Daily 131,791 128,315 111,605 115,111 105,165 115,001 115,135 95,470 100,295 97,893 110,801 92,866 Avera ge Trade s - Custo mers - FXCM US LLC Daily 730,215 704,660 615,674 638,496 596,309 620,934 618,614 531,586 604,398 575,807 648,945 519,260 Avera ge Trade s - Custo mers Total $ 305 $ 299 $ 313 $ 300 $ 271 $ 270 $ 257 $ 241 $ 291 $ 272 $ 311 $ 214 Custo mer Tradi ng Volum e (in Billi ons US$ Equiv alent) - Ex FXCM US LLC (3) Total $ 62 $ 63 $ 61 $ 61 $ 59 $ 62 $ 65 $ 54 $ 62 $ 57 $ 70 $ 46 Custo mer Tradi ng Volum e (in Billi ons US$ Equiv alent) - FXCM US LLC (3) Total $ 367 $ 362 $ 375 $ 361 $ 330 $ 332 $ 322 $ 295 $ 353 $ 329 $ 381 $ 260 Custo mer Tradi ng Volum e (in Billi ons US$ Equiv alent) (3) Averag $ 15.2 $ 14.3 $ 13.6 $ 14.3 $ 12.3 $ 12.3 $ 12.3 $ 10.5 $ 13.2 $ 13.0 $ 14.2 $ 10.2 e Custo mer Tradi ng Volum e per Day (in Billi ons US$ Equiv alent) - Ex FXCM US LLC (3) Averag $ 3.1 $ 3.0 $ 2.7 $ 2.9 $ 2.7 $ 2.8 $ 3.1 $ 2.3 $ 2.8 $ 2.7 $ 3.2 $ 2.2 e Custo mer Tradi ng Volum e per Day (in Billi ons US$ Equiv alent) - FXCM US LLC (3) Averag $ 18.4 $ 17.2 $ 16.3 $ 17.2 $ 15.0 $ 15.1 $ 15.4 $ 12.8 $ 16.0 $ 15.6 $ 17.3 $ 12.4 e Retai l Custo mer Tradi ng Volum e per Day (in Billi ons US$ Equiv alent) (3) (1) An Active Account represents an account that has traded at least once in the previous 12 months. (2) A Tradeable Account is an account with sufficient funds to place a trade in accordance with FXCM trading policies. (3) Volume that FXCM customer traded in period translated into US dollars. (4) During September 2016, the Company charged a dormancy fee to clients resulting in a number of accounts no longer qualifying as tradeable. This operating data is preliminary and subject to revision and should not be taken as an indication of the financial performance of FXCM Group, LLC. Data is for FXCM Group, LLC.
About FXCM Group, LLC.
FXCM Group is a holding company of 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 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.
Jaclyn Sales, 646-432-2463 Vice-President, Corporate Communications jsales@fxcm.com
February 2017 Customer Trading Metrics from Continuing Operations (excluding United States business due to accounts sale and business withdrawal)
Customer Trading Metrics
-- Customer trading volume (1) of $201 billion in February 2017, 21% lower than January 2017 and 33% lower than February 2016. -- Average customer trading volume (1) per day of $10.1 billion in February 2017, 16% lower than January 2017 and 29% lower than February 2016. -- An average of 408,446 client trades per day in February 2017, 16% lower than January 2017 and 29% lower than February 2016. -- Retail Active accounts (2) of 130,432 as of February 28, 2017, a decrease of 1,576, or 1%, from January 31, 2017, and a decrease of 2,827, or 2%, from February 29, 2016. -- Retail Tradeable accounts (3) of 109,133 as of February 28, 2017, an increase of 2,927, or 3%, from January 31, 2017, and a decrease of 2,145, or 2%, from February 29, 2016.
More information, including historical results for each of the above metrics, can be found on FXCM's corporate website http://www.fxcm.com/uk.
This operating data is preliminary and subject to revision and should not be taken as an indication of the financial performance of FXCM Group. 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 Company's corporate website www.fxcm.com/uk.
(1) Volume that FXCM customers traded in period is translated into US dollars. (2) An Active Account represents an account that has traded at least once in the previous twelve months. (3) A Tradeable Account is an account with sufficient funds to place a trade in accordance with FXCM trading policies.
Continuing Operations Jan-17 Feb-17 Mar-17 Apr-17 May-17 Jun-17 Jul-17 Aug-17 Sep-17 Oct-17 Nov-17 Dec-17 Tradin 21 20 23 20 23 22 21 23 21 22 22 20 g Days in Perio d Retail 132,008 130,432 - - - - - - - - - - Activ e Accou nts - Ex FXCM US LLC (1) Retail 46,764 45,395 - - - - - - - - - - Activ e Accou nts - FXCM US LLC (1) Retail 178,772 175,827 - - - - - - - - - - Activ e Accou nts (1) Retail 106,206 109,133 - - - - - - - - - - Trade able Accou nts - Ex FXCM US LLC (2) Retail 50,611 143 - - - - - - - - - - Trade able Accou nts - FXCM US LLC (2) Retail 156,817 109,276 - - - - - - - - - - Trade able Accou nts (2) Daily 488,917 408,446 - - - - - - - - - - Avera ge Trade s - Custo mers - Ex FXCM US LLC Daily 113,684 73,316 - - - - - - - - - - Avera ge Trade s - Custo mers - FXCM US LLC Daily 602,602 481,761 - - - - - - - - - - Avera ge Trade s - Custo mers Total 253 201 - - - - - - - - - - Custo mer Tradi ng Volum e (in Billi ons US$ Equiv alent) - Ex FXCM US LLC (3) Total $ 62 $ 38 $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - Custo mer Tradi ng Volum e (in Billi ons US$ Equiv alent) - FXCM US LLC (3) Total $ 315 $ 239 $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - Custo mer Tradi ng Volum e (in Billi ons US$ Equiv alent) (3) Averag $ 12.0 $ 10.1 $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - e Custo mer Tradi ng Volum e per Day (in Billi ons US$ Equiv alent) - Ex FXCM US LLC (3) Averag $ 2.9 $ 1.9 $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - e Custo mer Tradi ng Volum e per Day (in Billi ons US$ Equiv alent) - FXCM US LLC (3) Averag $ 15.0 $ 11.9 $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - e Retai l Custo mer Tradi ng Volum e per Day (in Billi ons US$ Equiv alent) (3) Continuing Operations Jan-16 Feb-16 Mar-16 Apr-16 May-16 Jun-16 Jul-16 Aug-16 Sep-16(4) Oct-16 Nov-16 Dec-16 Tradin 20 21 23 21 22 22 21 23 22 21 22 21 g Days in Perio d Retail 130,739 133,259 132,626 132,930 133,281 133,318 131,554 130,993 132,036 132,207 133,065 132,456 Activ e Accou nts - Ex FXCM US LLC (1) Retail 41,156 42,263 43,110 43,882 44,619 45,126 45,066 44,764 45,782 45,742 46,367 46,326 Activ e Accou nts - FXCM US LLC (1) Retail 171,895 175,522 175,736 176,812 177,900 178,444 176,620 175,757 177,818 177,949 179,432 178,782 Activ e Accou nts (1) Retail 109,093 111,278 112,708 113,705 115,177 115,982 116,405 119,032 105,500 105,749 105,903 105,582 Trade able Accou nts - Ex FXCM US LLC (2) Retail 53,543 54,001 54,656 55,463 55,673 55,525 55,264 54,416 49,567 49,237 50,025 49,771 Trade able Accou nts - FXCM US LLC (2) Retail 162,636 165,279 167,364 169,168 170,850 171,507 171,669 173,448 155,067 154,986 155,928 155,353 Trade able Accou nts (2) Daily 598,424 576,345 504,069 523,385 491,144 505,934 503,479 436,116 504,103 477,914 538,144 426,394 Avera ge Trade s - Custo mers - Ex FXCM US LLC Daily 131,791 128,315 111,605 115,111 105,165 115,001 115,135 95,470 100,295 97,893 110,801 92,866 Avera ge Trade s - Custo mers - FXCM US LLC Daily 730,215 704,660 615,674 638,496 596,309 620,934 618,614 531,586 604,398 575,807 648,945 519,260 Avera ge Trade s - Custo mers Total $ 305 $ 299 $ 313 $ 300 $ 271 $ 270 $ 257 $ 241 $ 291 $ 272 $ 311 $ 214 Custo mer Tradi ng Volum e (in Billi ons US$ Equiv alent) - Ex FXCM US LLC (3) Total $ 62 $ 63 $ 61 $ 61 $ 59 $ 62 $ 65 $ 54 $ 62 $ 57 $ 70 $ 46 Custo mer Tradi ng Volum e (in Billi ons US$ Equiv alent) - FXCM US LLC (3) Total $ 367 $ 362 $ 375 $ 361 $ 330 $ 332 $ 322 $ 295 $ 353 $ 329 $ 381 $ 260 Custo mer Tradi ng Volum e (in Billi ons US$ Equiv alent) (3) Averag $ 15.2 $ 14.3 $ 13.6 $ 14.3 $ 12.3 $ 12.3 $ 12.3 $ 10.5 $ 13.2 $ 13.0 $ 14.2 $ 10.2 e Custo mer Tradi ng Volum e per Day (in Billi ons US$ Equiv alent) - Ex FXCM US LLC (3) Averag $ 3.1 $ 3.0 $ 2.7 $ 2.9 $ 2.7 $ 2.8 $ 3.1 $ 2.3 $ 2.8 $ 2.7 $ 3.2 $ 2.2 e Custo mer Tradi ng Volum e per Day (in Billi ons US$ Equiv alent) - FXCM US LLC (3) Averag $ 18.4 $ 17.2 $ 16.3 $ 17.2 $ 15.0 $ 15.1 $ 15.4 $ 12.8 $ 16.0 $ 15.6 $ 17.3 $ 12.4 e Retai l Custo mer Tradi ng Volum e per Day (in Billi ons US$ Equiv alent) (3) (1) An Active Account represents an account that has traded at least once in the previous 12 months. (2) A Tradeable Account is an account with sufficient funds to place a trade in accordance with FXCM trading policies. (3) Volume that FXCM customer traded in period translated into US dollars. (4) During September 2016, the Company charged a dormancy fee to clients resulting in a number of accounts no longer qualifying as tradeable. This operating data is preliminary and subject to revision and should not be taken as an indication of the financial performance of FXCM Group, LLC. Data is for FXCM Group, LLC.
About FXCM Group, LLC.
FXCM Group is a holding company of 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 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.
Jaclyn Sales, 646-432-2463 Vice-President, Corporate Communications jsales@fxcm.com