FXCM’s Retail Volumes for June 2017 Drop by Double-Digit YoY, Slightly Up MoM

Online foreign Exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv Read this Term and CFDs brokerage FXCM has just reported its latest volumes and statistics for the month ending June 2017, which notched a slight growth month-over-month but also reflected a double-digit drop compared to the year earlier.

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In terms of Retail Trading Retail Trading In finance, retail trading refers to individual traders, trading through a broker, or on a platform. This can include novice traders and experienced traders. Trading and investing are divided into two categories, retail and institutional. Institutions include investment banks like JP Morgan or Citibank and global central banks like the US Federal Reserve and the European Central Bank. When we talk about retail trading however, we usually are referring to forex trading, but there are retail trade In finance, retail trading refers to individual traders, trading through a broker, or on a platform. This can include novice traders and experienced traders. Trading and investing are divided into two categories, retail and institutional. Institutions include investment banks like JP Morgan or Citibank and global central banks like the US Federal Reserve and the European Central Bank. When we talk about retail trading however, we usually are referring to forex trading, but there are retail trade Read this Term metrics, during June 2017 FXCM’s monthly volumes came in at $223 billion, rising by a margin of 5 percent month-over-month from $213 billion in May 2017. However, retail figures for last month were lower year-over-year, correlating to a drop of 17.0 percent relative to June 2016.

FXCM’s average daily volume (ADV) for retail customer trading during June 2017 did also manage to grow to $10.1 billion, up 10.0 percent month-over-month from $9.3 billion in May 2017, but dropped by 18.0 percent year-over-year against June 2016.

Finally, FXCM’s retail traders executed an average of 340,308 retail client trades per day in June 2017, registering a 2.0 percent month-over-month ascension from 334,536 client trades in May 2017, but again were lower 33 percent when weighed against the same month’s figure a year ago.

By extension, FXCM’s active accounts saw a notable drop across monthly and yearly intervals, reporting 125,285 accounts as of June 30, 2017, a decrease of 2,957 or 2 percent from May 31, 2017 and also lower by 6,153 or 5 percent relative to June 30, 2016

Q2 Volumes Snapshot

Looking at FXCM’s quarterly trading volume, Q2 2017 yielded a total of $612 billion, trending downwards by 10.7 percent compared to the first quarter of 2017. In addition, FXCM’s retail business this past quarter is also 27.0 percent weaker than the second quarter 2016.