FXCM Reports Monthly Metrics
April 14 2015 - 4:15PM
FXCM Inc. (NYSE:FXCM) today announced certain key operating metrics
for March 2015 for its retail and institutional foreign exchange
business.
Monthly activities included:
March 2015 Retail Trading Metrics
- Retail customer trading volume (1) of $375 billion in March
2015, 40% higher than February 2015 and 29% higher than March 2014.
Volume from indirect sources was 36% of total retail volume (1) in
the first quarter 2015. Retail customer trading volume (1) for the
first quarter 2015 was $1.1 trillion, 20% lower than the fourth
quarter 2014, and 17% higher than the first quarter 2014.
- Average retail customer trading volume (1) per day of $17.1
billion in March 2015, 29% higher than February 2015 and 24% higher
than March 2014.
- An average of 591,122 retail client trades per day in March
2015, 15% higher than February 2015 and 38% higher than March
2014.
- Tradable accounts (2) of 222,279 as of March 31, 2015, a
decrease of 440 accounts, or 0.2% from February 2015, and an
increase of 33,016 accounts, or 17%, from March 2014.
March 2015 Institutional Trading Metrics
- Institutional customer trading volume (1) of $248 billion in
March 2015, 53% higher than February 2015 and 24% higher than March
2014.
- Average institutional trading volume (1) per day of $11.3
billion in March 2015, 40% higher than February 2015 and 19% higher
than March 2014.
- An average of 53,827 institutional client trades per day in
March 2015, 72% higher than February 2015 and 43% higher than March
2014.
More information, including historical results for each of the
above metrics, can be found on the investor relations page of the
Company's corporate web site, www.fxcm.com.
This operating data is preliminary and subject to revision and
should not be taken as an indication of the financial performance
of FXCM Inc. 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 Investor
Relations page of the Company's corporate web site,
www.fxcm.com.
(1) Volume that FXCM customers traded in period translated into
US dollars.
(2) An account that has sufficient funds to place a trade in
accordance with FXCM trading policies.
Disclosure Regarding Forward-Looking
Statements
Certain statements contained herein may constitute
"forward-looking statements" within the meaning of Section 27A of
the Securities Act of 1933, Section 21E of the Securities Exchange
Act of 1934 and/or the Private Securities Litigation Reform Act of
1995, which reflect FXCM's current views with respect to, among
other things, its operations and financial performance in the
future. These forward-looking statements are not historical facts
and are based on current expectations, estimates and projections
about the FXCM's industry, management's beliefs and certain
assumptions made by management, many of which, by their nature, are
inherently uncertain and beyond our control. Accordingly, readers
are cautioned that any such forward-looking statements are not
guarantees of future performance and are subject to certain risks,
uncertainties and assumptions that are difficult to predict
including, without limitation, risks associated with the events
that took place in the currency markets on January 15, 2015 and
their impact on FXCM's capital structure, risks associated with
FXCM's ability to recover all or a portion of any capital losses,
risks relating to the ability of FXCM to satisfy the terms and
conditions of or make payments pursuant to the terms of the credit
agreement with Leucadia, risks related to FXCM's dependence on FX
market makers, market conditions, and those other risks described
under "Risk Factors" in FXCM Inc.'s Annual Report on Form 10-K and
other reports or documents FXCM files with, or furnishes to, the
SEC from time to time, which are accessible on the SEC website at
sec.gov. This information should also be read in conjunction with
the FXCM's Consolidated Financial Statements and the Notes thereto
contained in the FXCM's Annual Report on Form 10-K, and in other
reports or documents the FXCM files with, or furnishes to, the SEC
from time to time, which are accessible on the SEC website at
sec.gov.
About FXCM Inc.
FXCM Inc. (NYSE:FXCM) is a leading provider of online foreign
exchange (forex) trading, CFD trading, spread betting and related
services. Our 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 forex trading and provides free news
and market research through DailyFX.com.
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.
Visit www.fxcm.com and follow us on Twitter @FXCM, Facebook
FXCM, Google+ FXCM or YouTube FXCM.
CONTACT: FXCM Inc.
Jaclyn Klein, 646-432-2463
Vice-President, Corporate Communications
jklein@fxcm.com
investorrelations@fxcm.com
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