Ransquawk

NEW YORK, Feb. 06, 2018 (GLOBE NEWSWIRE) — FXCM Group, LLC (“FXCM Group” or “FXCM”), a leading international provider of online foreign exchange trading, CFD trading, spread betting and related services, today announced certain key customer trading metrics for January 2018 for its retail and institutional foreign exchange business.

January 2018 Customer Trading Metrics from Continuing Operations:

  • Customer trading volume (1) of $250 billion in January 2018, 46% higher than December 2017 and 1% lower than January 2017.
  • Average customer trading volume (1) per day of $11.4 billion in January 2018, 27% higher than December 2017 and 5% lower than January 2017.
  • An average of 352,867 client trades per day in January 2018, 18% higher than December 2017 and 28% lower than January 2017.
  • Active accounts (2) of 114,893 as of January 31, 2018, a decrease of 1,369, or 1%, from December 31, 2017, and a decrease of 17,203, or 13%, from January 31, 2017.
  • Tradeable accounts (3) of 95,223 as of January 31, 2018, a decrease of 716, or 0.7%, from December 31, 2017, and a decrease of 10,983, or 10%, from January 31, 2017.

This operating data is preliminary and subject to revision and should not be taken as an indication of the financial performance of FXCM Group. FXCM undertakes no obligation to publicly update or review previously reported operating data. Any updates to previously reported operating data will be reflected in the historical operating data that can be found on the Company’s corporate website www.fxcm.com/uk.

(1) Volume that FXCM customers traded in period is translated into US dollars.
(2) An Active Account represents an account that has traded at least once in the previous twelve months and represents total trading accounts for both retail and institutional.
(3) A Tradeable Account is an account with sufficient funds to place a trade in accordance with FXCM trading policies.
Continuing Operations
Jan-18 Feb-18 Mar-18 Apr-18 May-18 Jun-18 Jul-18 Aug-18 Sep-17 Oct-17 Nov-17 Dec-18
Trading Days in Period 22 20 22 21 23 21 22 23 20 23 22 20
Active Accounts (1),(5)   114,893   –   –   –   –   –   –   –   –   –   –   –
Tradeable Accounts (2)   95,223   –   –   –   –   –   –   –   –   –   –   –
Daily Average Trades – Customers   352,867   –   –   –   –   –   –   –   –   –   –   –
Total Customer Trading Volume (in Billions US$ Equivalent) (3)   250   –   –   –   –   –   –   –   –   –   –   –
Average Customer Trading Volume per Day (in Billions US$ Equivalent) (3) $   11.4 $   – $   – $   – $   – $   – $   – $   – $   – $   – $   – $   –
Continuing Operations
Jan-17 Feb-17 Mar-17 Apr-17 May-17 Jun-17 Jul-17 Aug-17 Sep-17(6) Oct-17(7) Nov-17(8) Dec-17
Trading Days in Period 21 20 23 20 23 22 21 23 21 22 22 20
Active Accounts – Ex FXCM US LLC (1),(5)   132,096   130,518   130,832   129,366   128,242   125,285   124,116   123,411   122,806   121,319   118,449   116,262
Active Accounts – FXCM US LLC (1),(5)   46,794   45,427   –   –   –   –   –   –   –   –   –   –
Active Accounts (1),(5)   178,890   175,945   130,832   129,366   128,242   125,285   124,116   123,411   122,806   121,319   118,449   116,262
Tradeable Accounts – Ex FXCM US LLC (2)   106,206   109,133   109,080   108,883   109,295   109,829   109,838   109,441   104,356   104,120   96,550   95,939
Tradeable Accounts – FXCM US LLC (2)   50,611   143   –   –   –   –   –   –   –   –   –   –
Tradeable Accounts (2)   156,817   109,276   109,080   108,883   109,295   109,829   109,838   109,441   104,356   104,120   96,550   95,939
Daily Average Trades – Customers – Ex FXCM US LLC   488,917   408,446   387,815   347,500   334,536   340,308   321,923   339,512   334,086   304,032   336,465   299,332
Daily Average Trades – Customers – FXCM US LLC   113,684   73,316   3   –   –   –   –   –   –   –   –   –
Daily Average Trades – Customers   602,602   481,761   387,818   347,500   334,536   340,308   321,923   339,512   334,086   304,032   336,465   299,332
Total Customer Trading Volume (in Billions US$ Equivalent) – Ex FXCM US LLC (3)   253   201   225   176   213   223   197   223   196   192   218   171
Total Customer Trading Volume (in Billions US$ Equivalent) – FXCM US LLC (3) $   62 $   38 $   0 $   – $   – $   – $   – $   – $   – $   – $   – $   –
Total Customer Trading Volume (in Billions US$ Equivalent) (3) $   315 $   239 $   225 $   176 $   213 $   223 $   197 $   223 $   196 $   192 $   218 $   171
Average Customer Trading Volume per Day (in Billions US$ Equivalent) – Ex FXCM US LLC (3) $   12.0 $   10.1 $   9.8 $   8.8 $   9.3 $   10.1 $   9.4 $   9.7 $   9.3 $   8.7 $   9.9 $   8.6
Average Customer Trading Volume per Day (in Billions US$ Equivalent) – FXCM US LLC (3) $   2.9 $   1.9 $   0.0 $   – $   – $   – $   – $   – $   – $   – $   – $   –
Average Customer Trading Volume per Day (in Billions US$ Equivalent) (3) $   15.0 $   11.9 $   9.8 $   8.8 $   9.3 $   10.1 $   9.4 $   9.7 $   9.3 $   8.7 $   9.9 $   8.6
 
 
Continuing Operations
Jan-16 Feb-16 Mar-16 Apr-16 May-16 Jun-16 Jul-16 Aug-16 Sep-16(4) Oct-16 Nov-16 Dec-16
Trading Days in Period 20 21 23 21 22 22 21 23 22 21 22 21
Active Accounts – Ex FXCM US LLC (1),(5)   130,837   133,354   132,734   133,035   133,383   133,412   131,641   131,067   132,113   132,283   133,138   132,524
Active Accounts – FXCM US LLC (1),(5)   41,363   42,454   43,273   44,036   44,756   45,253   45,183   44,816   45,834   45,795   46,420   46,378
Active Accounts (1),(5)   172,200   175,808   176,007   177,071   178,139   178,665   176,824   175,883   177,947   178,078   179,558   178,902
Tradeable Accounts – Ex FXCM US LLC (2)   109,093   111,278   112,708   113,705   115,177   115,982   116,405   119,032   105,500   105,749   105,903   105,582
Tradeable Accounts – FXCM US LLC (2)   53,543   54,001   54,656   55,463   55,673   55,525   55,264   54,416   49,567   49,237   50,025   49,771
Tradeable Accounts (2)   162,636   165,279   167,364   169,168   170,850   171,507   171,669   173,448   155,067   154,986   155,928   155,353
Daily Average Trades – Customers – Ex FXCM US LLC   598,424   576,345   504,069   523,385   491,144   505,934   503,479   436,116   504,103   477,914   538,144   426,394
Daily Average Trades – Customers – FXCM US LLC   131,791   128,315   111,605   115,111   105,165   115,001   115,135   95,470   100,295   97,893   110,801   92,866
Daily Average Trades – Customers   730,215   704,660   615,674   638,496   596,309   620,934   618,614   531,586   604,398   575,807   648,945   519,260
Total Customer Trading Volume (in Billions US$ Equivalent) – Ex FXCM US LLC (3) $   305 $   299 $   313 $   300 $   271 $   270 $   257 $   241 $   291 $   272 $   311 $   214
Total Customer Trading Volume (in Billions US$ Equivalent) – FXCM US LLC (3) $   62 $   63 $   61 $   61 $   59 $   62 $   65 $   54 $   62 $   57 $   70 $   46
Total Customer Trading Volume (in Billions US$ Equivalent) (3) $   367 $   362 $   375 $   361 $   330 $   332 $   322 $   295 $   353 $   329 $   381 $   260
Average Customer Trading Volume per Day (in Billions US$ Equivalent) – Ex FXCM US LLC (3) $   15.2 $   14.3 $   13.6 $   14.3 $   12.3 $   12.3 $   12.3 $   10.5 $   13.2 $   13.0 $   14.2 $   10.2
Average Customer Trading Volume per Day (in Billions US$ Equivalent) – FXCM US LLC (3) $   3.1 $   3.0 $   2.7 $   2.9 $   2.7 $   2.8 $   3.1 $   2.3 $   2.8 $   2.7 $   3.2 $   2.2
Average Customer Trading Volume per Day (in Billions US$ Equivalent) (3) $   18.4 $   17.2 $   16.3 $   17.2 $   15.0 $   15.1 $   15.4 $   12.8 $   16.0 $   15.6 $   17.3 $   12.4
 
(1) An Active Account represents an account that has traded at least once in the previous 12 months.
(2) A Tradeable Account is an account with sufficient funds to place a trade in accordance with FXCM trading policies.
(3) Volume that FXCM customer traded in period translated into US dollars.
(4) During September 2016, the Company charged a dormancy fee to clients resulting in a number of accounts no longer qualifying as tradeable.
(5) Active Accounts represent total trading accounts not only retail accounts.
(6) During September 2017, the Company charged a dormancy fee to clients resulting in a number of accounts no longer qualifying as tradeable.
(7) During October 2017, the Company charged a dormancy fee to clients resulting in a number of accounts no longer qualifying as tradeable.
(8) During November 2017, the Company charged a dormancy fee to clients resulting in a number of accounts no longer qualifying as tradeable.
This operating data is preliminary and subject to revision and should not be taken as an indication of the financial performance of FXCM Group, LLC.
Data is for FXCM Group, LLC.  

Leave us a comment!

Ransquawk