FXCM reports lower trading volume for June 2016 at $275 billion 

FXCM Inc. (NYSE:FXCM) has issued an announcement to make publish certain key customer trading metrics for June 2016 for its retail and institutional foreign exchange business.

June 2016 Customer Trading Metrics from Continuing Operations (1)

Retail Customer Trading Metrics

• Retail customer trading volume(2) of $275 billion in June 2016, 2% lower than May 2016 and 24% lower than June 2015.
• Average retail customer trading volume(2) per day of $12.5 billion in June 2016, 2% lower than May 2016 and 24% lower than June 2015.
• An average of 585,295 retail client trades per day in June 2016, 6% higher than May 2016 and 4% higher than June 2015.
• Volume from indirect sources was 37% of total retail volume (2) in the second quarter 2016.
• Retail customer trading volume (2) for the second quarter 2016 was $842 billion, 10% lower than the first quarter 2016, and 16% lower than the second quarter 2015.
• Active accounts(3) of 178,444 as of June 30, 2016, an increase of 544, or 0.3%, from May 31, 2016, and an increase of 1,139, or 1%, from June 30, 2015.
• Tradeable accounts(4) of 171,507 as of June 30, 2016, an increase of 657, or 0.4%, from May 31, 2016, and a decrease of 16,862, or 9%, from June 30, 2015.

Institutional Customer Trading Metrics

• Institutional customer trading volume(2) of $57 billion in June 2016, 14% higher than May 2016 and 58% higher than June 2015.
• Average institutional trading volume(2) per day of $2.6 billion in June 2016, 13% higher than May 2016 and 53% higher than June 2015.
• An average of 35,640 institutional client trades per day in June 2016, 23% lower than May 2016 and 165% higher than June 2015.
• Institutional customer trading volume (2) for the second quarter 2016 was $182 billion, 6% higher than the first quarter 2016, and 70% higher than the second quarter 2015.

This operating data is preliminary and subject to revision and should not be taken as an indication of the financial performance of FXCM Inc. 

(1) Customer Trading Metrics from Continuing Operations excludes discontinued operations of FXCM Japan and FXCM Hong Kong.

(2) Volume that FXCM customers traded in period is translated into US dollars.

(3) An Active Account represents an account that has traded at least once in the previous twelve months.

(4) A Tradeable Account is an account with sufficient funds to place a trade in accordance with FXCM trading policies.

Source: FXCM

 

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