Breaking: FXCM Reports October 2014 Metrics, Retail Volume Jumps to Record $509Bln

Thursday, 06/11/2014 | 21:27 GMT by Jeff Patterson
  • Multi-asset brokerage firm, FXCM has just released its October 2014 operating metrics, highlighted by record retail customer trading volume of $509 billion, up 62% YoY from October 2013.
Breaking: FXCM Reports October 2014 Metrics, Retail Volume Jumps to Record $509Bln
FXCM_Big_logo

Multi-Asset brokerage firm, FXCM, has just released its October 2014 operating metrics, highlighted by record retail customer trading volumes of $509 billion, up 62% YoY from October 2013.

The latest volumes released at FXCM builds off September’s record performance. Along with the monthly operating metrics, U.S. GAAP revenues came in at $116.1 million during Q3 2014, up 3% YoY from Q3 2013 and 19% QoQ from Q2 2014.

October Retail Trading Metrics

Retail customer trading volume was reported at $509 billion in October 2014, up 23% MoM from September 2014 and 62% higher YoY from October 2013. In addition, average retail customer trading volume per day yielded $22.1 billion in October 2014, 18% higher MoM from September 2014 and 61% higher YoY from October 2013.

Moreover, an average of 584,080 retail client trades per day took place during October 2014, up 21% MoM from September 2014 and 54% YoY from October 2013. Tradable accounts were numbered at 220,180 as of October 31, 2014, constituting an increase of 8,161, or 4%, from September 2014, and a jump of 31,366 (17%) from October 2013.

October Institutional Trading Metrics

In terms of institutional customer trading volume, October witnessed volumes of $393 billion, an increase of 9% MoM from September 2014 and 123% higher than October 2013.

Finally, average institutional trading volume per day came in at $17.1 billion in October 2014, 4% higher than September 2014 and 122% higher than October 2013. Meanwhile, there was an average of 41,098 institutional client trades per day in October 2014, up 4% MoM from September 2014 and 41% higher YoY from October 2013.

FXCM_Big_logo

Multi-Asset brokerage firm, FXCM, has just released its October 2014 operating metrics, highlighted by record retail customer trading volumes of $509 billion, up 62% YoY from October 2013.

The latest volumes released at FXCM builds off September’s record performance. Along with the monthly operating metrics, U.S. GAAP revenues came in at $116.1 million during Q3 2014, up 3% YoY from Q3 2013 and 19% QoQ from Q2 2014.

October Retail Trading Metrics

Retail customer trading volume was reported at $509 billion in October 2014, up 23% MoM from September 2014 and 62% higher YoY from October 2013. In addition, average retail customer trading volume per day yielded $22.1 billion in October 2014, 18% higher MoM from September 2014 and 61% higher YoY from October 2013.

Moreover, an average of 584,080 retail client trades per day took place during October 2014, up 21% MoM from September 2014 and 54% YoY from October 2013. Tradable accounts were numbered at 220,180 as of October 31, 2014, constituting an increase of 8,161, or 4%, from September 2014, and a jump of 31,366 (17%) from October 2013.

October Institutional Trading Metrics

In terms of institutional customer trading volume, October witnessed volumes of $393 billion, an increase of 9% MoM from September 2014 and 123% higher than October 2013.

Finally, average institutional trading volume per day came in at $17.1 billion in October 2014, 4% higher than September 2014 and 122% higher than October 2013. Meanwhile, there was an average of 41,098 institutional client trades per day in October 2014, up 4% MoM from September 2014 and 41% higher YoY from October 2013.

About the Author: Jeff Patterson
Jeff Patterson
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About the Author: Jeff Patterson
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