Across the FX world trade volumes were significantly lower from June 2012 and July 2011. The negative market sentiment has been prevalent across the summer as represented by August figures. Despite the negativity US based financial service providers managed to show a net increase in net capital and retail FX funds.
Overall the figures are consistent to previous months however FX Clubs announcement to withdraw from the US market is reflected in a slight decrease in both indicators, the broker is expected to get approval under CySEC in Cyprus.
Interactive Brokers increased on both accounts despite the firm having a difficult Q2 the broker reported in July that its second-quarter profit slumped 16% to $8 million as revenue from trading gains and interest income fell.
July 2012 FCM Figures:
June | July | June | July | |||
Net Capital | Net Capital | Change | Retail Forex Funds | Retail Forex Funds | Change | |
ADM INVESTOR SERVICES INC | 275,200,366 | 284,736,953 | 9,536,587 | 107,982 | 0 | -107,982 |
ADVANCED MARKETS LLC | 20,362,708 | 20,263,069 | -99,639 | 812,973 | 602,090 | -210,883 |
ALPARI (US) LLC | 27,819,437 | 25,149,030 | -2,670,407 | 16,276,801 | 17,391,612 | 1,114,811 |
FOREX CAPITAL MARKETS LLC | 58,098,494 | 52,570,047 | -5,528,447 | 231,616,792 | 248,324,627 | 16,707,835 |
FOREX CLUB LLC | 22,275,271 | 22,184,296 | -90,975 | 3,630,658 | 3,393,173 | -237,485 |
FX SOLUTIONS LLC | 27,260,354 | 28,052,663 | 792,309 | 17,903,362 | 16,843,353 | -1,060,009 |
FXDIRECTDEALER LLC | 26,628,501 | 25,918,055 | -710,446 | 38,467,569 | 35,873,431 | -2,594,138 |
GAIN CAPITAL GROUP LLC | 56,721,650 | 57,647,752 | 926,102 | 103,835,757 | 100,768,702 | -3,067,055 |
GLOBAL FUTURES & FOREX LTD | 70,761,096 | 63,812,667 | -6,948,429 | 86,700,108 | 86,307,508 | -392,600 |
IBFX INC | 27,266,380 | 26,936,337 | -330,043 | 71,105,574 | 71,960,820 | 855,246 |
INSTITUTIONAL Liquidity LLC | 21,717,664 | 20,855,898 | -861,766 | 15,284,302 | 20,651,411 | 5,367,109 |
INTERACTIVE BROKERS LLC | 1,397,619,128 | 1,480,962,895 | 83,343,767 | 29,065,585 | 35,563,314 | 6,497,729 |
KNIGHT GROUP | 93,734,591 | 278,921,072 | 185,186,481 | 24,934,437 | 24,412,371 | -522,066 |
MB TRADING FUTURES INC | 23,546,477 | 23,516,309 | -30,168 | 31,909,751 | 32,681,895 | 772,144 |
OANDA CORPORATION | 144,791,984 | 149,719,746 | 4,927,762 | 173,162,133 | 162,159,602 | -11,002,531 |
RJ OBRIEN ASSOCIATES LLC | 191,540,198 | 206,277,405 | 14,737,207 | 1,990,913 | 1,750,862 | -240,051 |
XPRESSTRADE LLC | 22,980,090 | 22,853,078 | -127,012 | 1,030,608 | 972,798 | -57,810 |
Total | 2,508,324,389 | 2,790,377,272 | 282,052,883 | 847,835,305 | 859,657,569 | 11,822,264 |