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. |