FXCM Group Reports Monthly Metrics

NEW YORK, Dec. 06, 2017 (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 November 2017 for its retail and institutional foreign exchange business.

November 2017 Customer Trading Metrics from Continuing Operations:

  • Customer trading volume (1) of $218 billion in November 2017, 14% higher than October 2017 and 30% lower than November 2016.
  • Average customer trading volume (1) per day of $9.9 billion in November 2017, 14% higher than October 2017 and 30% lower than November 2016.
  • An average of 336,465 client trades per day in November 2017, 11% higher than October 2017 and 37% lower than November 2016.
  • Active accounts (2) of 118,449 as of November 30, 2017, a decrease of 2,870, or 2%, from October 31, 2017, and a decrease of 14,689, or 11%, from November 30, 2016. 
  • Tradeable accounts (3) of 96,550 as of November 30, 2017, a decrease of 7,570, or 7%, from October 31, 2017, and a decrease of 9,353, or 9%, from November 30, 2016.

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. 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-17 Feb-17 Mar-17 Apr-17 May-17 Jun-17 Jul-17 Aug-17 Sep-17(6) Oct-17(7) Nov-17 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  
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  
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  
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  
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  
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  
Total Customer Trading Volume (in Billions US$ Equivalent) – Ex FXCM US LLC (3)   253   201   225   176   213   223   197   223   196   192   218  
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 $
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 $
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 $
                         
  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.                    
                     

About FXCM Group, LLC

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”].

FXCM 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 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.

Jaclyn Sales, 646-432-2463
Vice-President, Corporate Communications
jsales@fxcm.com  

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