FXCM Inc Trading Volumes Tick Lower in August, in Line With Industry Trends

Monday, 12/09/2016 | 20:45 GMT by Victor Golovtchenko
  • Trading volumes at FXCM during the summer lull have decreased only moderately.
FXCM Inc Trading Volumes Tick Lower in August, in Line With Industry Trends
Finance Magnates

FXCM Inc (NYSE:FXCM), the biggest brokerage by market share in the U.S., has just published its latest set of trading volumes numbers. The company has managed to weather the summer decrease in trading activity rather well with retail clients trading volumes declining on a monthly basis by 4 per cent. The figure was also lower by 18 per cent year-on-year.

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Looking at the average daily volumes metric at FXCM Inc (NYSE:FXCM), the decline was more pronounced with the August figure hitting $11.7 billion, which is lower by 13 per cent when compared to July 2016 and by 25 per cent lower than August 2015.

The average number of trades executed for retail clients of FXCM Inc (NYSE:FXCM) amounted to 494,626 daily. The August number is lower by 14 per cent when compared to July and by 17 per cent when compared to the same month last year.

The number of active accounts was 175,757. The figure is lower by 0.5 per cent month-on-month, or 896 accounts. When compared to a year ago, the figure declined 3 per cent or by 4,965.

Institutional Trading

Looking at the institutional business of FXCM Inc (NYSE:FXCM), the company has marked a more material slowdown with the number printing $26 billion in August 2016. The figure is lower by 37 per cent when compared to July 2016 and 45 per cent lower than in August 2015.

Average institutional clients trading volume amounted to $1.1 billion in August 2016 - a monthly decline of 45 per cent and a 52 per cent decline when compared to August 2015.

The number of trades executed by institutional clients of FXCM Inc (NYSE:FXCM) was 36,960 daily last month. The figure is lower by 8 per cent than in July 2016, but 6 per cent higher than in August 2015.

FXCM Inc (NYSE:FXCM), the biggest brokerage by market share in the U.S., has just published its latest set of trading volumes numbers. The company has managed to weather the summer decrease in trading activity rather well with retail clients trading volumes declining on a monthly basis by 4 per cent. The figure was also lower by 18 per cent year-on-year.

Take the lead from today’s leaders. FM London Summit, 14-15 November, 2016. Register here!

Looking at the average daily volumes metric at FXCM Inc (NYSE:FXCM), the decline was more pronounced with the August figure hitting $11.7 billion, which is lower by 13 per cent when compared to July 2016 and by 25 per cent lower than August 2015.

The average number of trades executed for retail clients of FXCM Inc (NYSE:FXCM) amounted to 494,626 daily. The August number is lower by 14 per cent when compared to July and by 17 per cent when compared to the same month last year.

The number of active accounts was 175,757. The figure is lower by 0.5 per cent month-on-month, or 896 accounts. When compared to a year ago, the figure declined 3 per cent or by 4,965.

Institutional Trading

Looking at the institutional business of FXCM Inc (NYSE:FXCM), the company has marked a more material slowdown with the number printing $26 billion in August 2016. The figure is lower by 37 per cent when compared to July 2016 and 45 per cent lower than in August 2015.

Average institutional clients trading volume amounted to $1.1 billion in August 2016 - a monthly decline of 45 per cent and a 52 per cent decline when compared to August 2015.

The number of trades executed by institutional clients of FXCM Inc (NYSE:FXCM) was 36,960 daily last month. The figure is lower by 8 per cent than in July 2016, but 6 per cent higher than in August 2015.

About the Author: Victor Golovtchenko
Victor Golovtchenko
  • 3424 Articles
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About the Author: Victor Golovtchenko
Victor Golovtchenko: Key voice in crypto and FX, providing cutting-edge market analysis.
  • 3424 Articles
  • 27 Followers

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