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FXCM Reports Monthly Metrics
Today announced certain key operating metrics for August 2011 for its retail and institutional foreign exchange business. Monthly activities included:August 2011
Retail Trading Metrics
-- Retail customer trading volume(1) of $363 billion in August 2011, 17% higher than July 2011 and 36% higher than August 2010.
-- Average retail customer trading volume(1) per day of $15.8 billion in August 2011, 7% higher than July 2011 and 30% higher than August 2010.
-- An average of 462,353 retail client trades per day in August 2011, 26% higher than July 2011 and 51% higher than August 2010.
-- Tradeable accounts(2) of 174,944 as of August 31, 2011, an increase of 638, or 0.4% from July 2011, and an increase of 2,175,or 1%, from August 2010. The increase excludes 3,118 accounts that are no longer considered Tradeable due to new leverage requirements in Japan that went into effect in August 2011.
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