FXCM's volume increased in January 2012 amid slowdown in institutional volumes

Wednesday, 15/02/2012 | 07:53 GMT by Michael Greenberg
FXCM's volume increased in January 2012 amid slowdown in institutional volumes

Despite an evident slowdown in January institutional volumes where HotSpot’s volume decreased 11% comparing January 2011 and ICAP’s volumes too have plummeted in January 2012 when comparing to previous year, FXCM managed to actually increase its trading volumes:

NEW YORK, NY, February 14, 2012 – FXCM Inc. (NYSE: FXCM) today announced certain key operating metrics for January 2012 for its retail and institutional foreign Exchange business. Monthly activities included:

January 2012

Retail Trading Metrics

  • Retail customer trading volume(1) of $298 billion in January 2012, 3% higher than December 2011 and 15% higher than January 2011.
  • Average retail customer trading volume(1) per day of $13.5 billion in January 2012, 3% higher than December 2011 and 10% higher than January 2011.
  • An average of 345,677 retail client trades per day in January 2012, 3% lower than December 2011 and 12% higher than January 2011.
  • Tradeable accounts(2) of 167,710 as of January 31, 2012, an increase 2,104, or 1% from December 2011, and an increase of 22,720,or 13%, from January 2011.

Institutional Trading Metrics

  • Institutional customer trading volume(1) of $109 billion in January 2012, 5% higher than December 2011 and 39% higher than January 2011.
  • Average institutional trading volume(1) per day of $5.0 billion in January 2012, 5% higher than December 2011 and 33% higher than January 2011.
  • An average of 21,459 institutional client trades per day in January 2012, 23% higher than December 2011 and 281% higher than January 2011.

Despite an evident slowdown in January institutional volumes where HotSpot’s volume decreased 11% comparing January 2011 and ICAP’s volumes too have plummeted in January 2012 when comparing to previous year, FXCM managed to actually increase its trading volumes:

NEW YORK, NY, February 14, 2012 – FXCM Inc. (NYSE: FXCM) today announced certain key operating metrics for January 2012 for its retail and institutional foreign Exchange business. Monthly activities included:

January 2012

Retail Trading Metrics

  • Retail customer trading volume(1) of $298 billion in January 2012, 3% higher than December 2011 and 15% higher than January 2011.
  • Average retail customer trading volume(1) per day of $13.5 billion in January 2012, 3% higher than December 2011 and 10% higher than January 2011.
  • An average of 345,677 retail client trades per day in January 2012, 3% lower than December 2011 and 12% higher than January 2011.
  • Tradeable accounts(2) of 167,710 as of January 31, 2012, an increase 2,104, or 1% from December 2011, and an increase of 22,720,or 13%, from January 2011.

Institutional Trading Metrics

  • Institutional customer trading volume(1) of $109 billion in January 2012, 5% higher than December 2011 and 39% higher than January 2011.
  • Average institutional trading volume(1) per day of $5.0 billion in January 2012, 5% higher than December 2011 and 33% higher than January 2011.
  • An average of 21,459 institutional client trades per day in January 2012, 23% higher than December 2011 and 281% higher than January 2011.
About the Author: Michael Greenberg
Michael Greenberg
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About the Author: Michael Greenberg
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