Source - GNW

LONDON, April 05, 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 March 2018 for its retail and institutional foreign exchange business.

March 2018 Customer Trading Metrics from Continuing Operations:

  • Customer trading volume (1) of $210 billion in March 2018, 12% lower than February 2018 and 7% lower than March 2017.
  • Average customer trading volume (1) per day of $9.5 billion in March 2018, 21% lower than February 2018 and 3% lower than March 2017.
  • An average of 374,947 client trades per day in March 2018, 10% lower than February 2018 and 3% lower than March 2017.
  • Active accounts (2) of 110,895 as of March 31, 2018, a decrease of 1,459, or 1%, from February 28, 2018, and a decrease of 19,937, or 15%, from March 31, 2017. 
  • Tradeable accounts (3) of 96,056 as of March 31, 2018, an increase of 1,255, or 1%, from February 28, 2018, and a decrease of 13,024, or 12%, from March 31, 2017.
  • Customer trading volume (1) for the first quarter 2018 was $699 billion, 20% higher than the fourth quarter 2017, and 3% higher than the first quarter 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
    112,
354
    110,
895
    -      -      -      -      -      -      -      -      - 
Tradeable Accounts (2)     95,
223
    94,
801
    96,
056
    -      -      -      -      -      -      -      -      - 
Daily Average Trades - Customers     352,
867
    415,
479
    374,
947
    -      -      -      -      -      -      -      -      - 
Total Customer Trading Volume
(in Billions US$ Equivalent) 
(3)
    250     239     210     -      -      -      -      -      -      -      -      - 
Average Customer Trading Volume
per Day (in Billions US$ Equivalent) 
(3)
$   11.4 $   12.0 $   9.5 $   -  $   -  $   -  $   -  $   -  $   -  $   -  $   -  $   - 
 
  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)     156,8
17
    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
Tra-
ding 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. 

About FXCM:

FXCM is a leading provider of online foreign exchange (FX) trading, CFD trading, spread betting and related services. Founded in 1999, the company's mission is to provide global traders with access to the world's largest and most liquid market by offering innovative trading tools, hiring excellent trading educators, meeting strict financial standards and striving for the best online trading experience in the market. Clients have the advantage of mobile trading, one-click order execution and trading from real-time charts. In addition, FXCM offers educational courses on FX trading and provides trading tools, proprietary data and premium resources. FXCM Pro provides retail brokers, small hedge funds and emerging market banks access to wholesale execution and liquidity, while providing high and medium frequency funds access to prime brokerage services via FXCM Prime. FXCM is a Leucadia Company.

FXCM Group is a holding company of Forex Capital Markets Limited, inclusive of all EU branches (FXCM UK), FXCM Australia Pty. Limited (FXCM AU), and all affiliates of aforementioned firms, or other firms under the FXCM group of companies [collectively "FXCM"].

Trading foreign exchange and CFDs on margin carries a high level of risk, which may result in losses that could exceed your deposits, therefore may not be suitable for all investors. Read full disclaimer.

Jaclyn Sales, 646-432-2463
Vice-President, Corporate Communications
[email protected] 




This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: FXCM, Inc. via Globenewswire