FXCM Expands Global Reach with New South Africa Office

FXCM Inc. (NASDAQ:FXCM), a provider of foreign exchange trading, CFDs and related services, today announced the opening of its new Johannesburg-based office, FXCM South Africa.

The opening of FXCM South Africa offers a unique experience for clients in the region.

Drew Niv, CEO of FXCM, commented: "We're excited to expand FXCM and our retail forex business to South Africa. There is a growing interest for forex trading in the region which gives us the opportunity to introduce our services."

FXCM South Africa will provide local residents with access to the FXCM Trading Station and MetaTrader 4 trading platforms, together with English-language resources including FXCM Webinars, Free Seminars, FXCM Apps, educational material and trading Analytics Analytics Analytics may be defined as the detection, analysis, and relay of consequential patterns in data. Analytics also seeks to explain or accurately reflect the relationship between data and effective decision-making. In the trading space, analytics are applied in a predictive manner in an attempt to forecast the price more accurately. This predictive model of analytics generally involves the analysis of historical price patterns that are used in an attempt to determine certain price outcomes. Analy Analytics may be defined as the detection, analysis, and relay of consequential patterns in data. Analytics also seeks to explain or accurately reflect the relationship between data and effective decision-making. In the trading space, analytics are applied in a predictive manner in an attempt to forecast the price more accurately. This predictive model of analytics generally involves the analysis of historical price patterns that are used in an attempt to determine certain price outcomes. Analy Read this Term. With FXCM, traders will have access to forex, CFDs, and share CFDs.

Harry Coundouris, CEO of FXCM South Africa, added: "FXCM prides itself on excellent customer service, and the opening of FXCM South Africa will further that sentiment by offering a unique experience for our clients in the region. Our customer support team will cater to local residents through personal interaction with regional clients, including one-on-one meetings, and exclusive seminars."

Background

FXCM provides global traders with access to the world's largest and most liquid market with a range of tools including mobile trading, one-click order execution and trading from real-time charts. Its FXCM Pro business provides retail brokers, small hedge funds and emerging market banks access to wholesale execution and Liquidity Liquidity The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent Read this Term, while providing high and medium frequency funds access to prime brokerage services via FXCM Prime.