FXCM released the trading metrics for November 2012 and the retail numbers are slightly down from October which was a good month relatively to the tough 2012 year. On the downside FXCM's institutional volumes though much higher than October are still substantially lower than relative period in 2011 and haven't recovered since slumping early this year.
November 2012 Retail Trading Metrics
- Retail customer trading volume(1) of $305 billion in November 2012, 6% lower than October 2012 and 11% lower than November 2011.
- Average retail customer trading volume(1) per day of $13.9 billion in November 2012, 1% lower than October 2012 and 11% lower than November 2011.
- An average of 353,983 retail client trades per day in November 2012, 4% higher than October 2012 and 22% lower than November 2011.
- Tradeable accounts(2) of 203,495 as of November 30, 2012, a decrease of 219, or 0.11% from October 2012, and an increase of 10,723, or 6%, from November 2011.
November 2012 Institutional Trading Metrics
- Institutional customer trading volume(1) of $90 billion in November 2012, 68% higher than October 2012 and 41% lower than November 2011.
- Average institutional trading volume(1) per day of $4.1 billion in November 2012, 76% higher than October 2012 and 41% lower than November 2011.
- An average of 9,837 institutional client trades per day in November 2012, 68% higher than October 2012 and 67% lower than November 2011.