FXCM Reports Retail customer trading volume of $353 billion in November 

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FXCM Inc. (NASDAQ:FXCM) announced certain key customer trading metrics for November 2016 for its retail and institutional foreign exchange business.

November 2016 Customer Trading Metrics from Continuing Operations (1)

Retail Customer Trading Metrics

  • Retail customer trading volume (2) of $353 billion in November 2016, 16% higher than October 2016 and 18% higher than November 2015.
  • Average retail customer trading volume (2) per day of $16.1 billion in November 2016, 11% higher than October 2016 and 13% higher than November 2015.
  • An average of 613,233 retail client trades per day in November 2016, 14% higher than October 2016 and 26% higher than November 2015.
  • Active accounts (3) of 179,432 as of November 30, 2016, an increase of 1,483, or 1%, from October 31, 2016, and a decrease of 473, or 0.3%, from November 30, 2015.
  • Tradeable accounts (4) of 155,928 as of November 30, 2016, an increase of 942, or 1%, from October 31, 2016, and a decrease of 5,581, or 3%, from November 30, 2015.

Institutional Customer Trading Metrics

  • Institutional customer trading volume (2) of $28 billion in November 2016, 17% higher than October 2016 and 32% lower than November 2015.
  • Average institutional trading volume (2) per day of $1.3 billion in November 2016, 18% higher than October 2016 and 35% lower than November 2015.
  • An average of 35,712 institutional client trades per day in November 2016, 5% lower than October 2016 and 12% higher than November2015.

(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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