14.03.2017 09:23:59
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Press Release: FXCM Group Reports Monthly Metrics
FXCM Inc. / FXCM Group Reports Monthly Metrics . Processed and transmitted by Nasdaq Corporate Solutions. The issuer is solely responsible for the content of this announcement.
FXCM Group Reports Monthly Metrics
NEW YORK, March 13, 2017 (GLOBE NEWSWIRE) -- FXCM Group, LLC ("FXCM Group" or "FXCM") http://www.fxcm.com/uk/?utm_source=globenewswire&utm_medium=pr&utm_campaign=feb%20metrics-03/13/2017&CMP=SFS-70160000000NGNTAA4 , a leading international provider of online foreign exchange trading, CFD trading, spread betting and related services, today announced certain key customer trading metrics for February 2017 for its retail and institutional foreign exchange business, excluding Forex Capital Markets LLC ("FXCM US").
February 2017 Customer Trading Metrics from Continuing Operations (excluding United States business due to accounts sale and business withdrawal)
Customer Trading Metrics
-- Customer trading volume(1) of $201 billion in February 2017, 21% lower than January 2017 and 33% lower than February 2016.
-- Average customer trading volume(1) per day of $10.1 billion in February 2017, 16% lower than January 2017 and 29% lower than February 2016.
-- An average of 408,446 client trades per day in February 2017, 16% lower than January 2017 and 29% lower than February 2016.
-- Retail Active accounts(2) of 130,432 as of February 28, 2017, a decrease of 1,576, or 1%, from January 31, 2017, and a decrease of 2,827, or 2%, from February 29, 2016.
-- Retail Tradeable accounts(3) of 109,133 as of February 28, 2017, an increase of 2,927, or 3%, from January 31, 2017, and a decrease of 2,145, or 2%, from February 29, 2016.
More information, including historical results for each of the above metrics, can be found on FXCM's corporate website http://www.fxcm.com/uk.
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.
(3) A Tradeable Account is an account with sufficient funds to place a trade in accordance with FXCM trading policies.
About FXCM Group, LLC.
FXCM Group http://www.fxcm.com/uk/?utm_source=globenewswire&utm_medium=pr&utm_campaign=feb%20metrics-03/13/2017&CMP=SFS-70160000000NGNTAA4 is a holding company of Forex Capital Markets Limited, inclusive of all EU branches (FXCM UK http://www.fxcm.com/uk/?utm_source=globenewswire&utm_medium=pr&utm_campaign=feb%20metrics-03/13/2017&CMP=SFS-70160000000NGNTAA4 ), FXCM Australia Pty. Limited, (FXCM AU https://www.fxcm.com/au/ ), and all affiliates of aforementioned firms, or other firms under the FXCM group of companies [collectively "FXCM"].
FXCM http://www.fxcm.com/uk/?utm_source=globenewswire&utm_medium=pr&utm_campaign=feb%20metrics-03/13/2017&CMP=SFS-70160000000NGNTAA4 is a leading provider of online foreign exchange (FX) trading, CFD trading, spread betting and related services. 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 https://www.fxcmpro.com/ 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.
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. https://www.fxcm.com/uk/legal/trading-execution-risks/
Jaclyn Sales, 646-432-2463
Vice-President, Corporate Communications
jsales@fxcm.com
FXCM Tables: http://hugin.info/165729/R/2087381/787773.pdf
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
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FXCM Inc.
55 Water Street New York USA
Listed: Freiverkehr in Börse Stuttgart,
Freiverkehr in Börse Berlin,
Open Market (Freiverkehr) in Frankfurter Wertpapierbörse;
http://www.fxcm.com/ (END) Dow Jones Newswires
March 13, 2017 17:08 ET (21:08 GMT)- - 05 08 PM EDT 03-13-17
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