NEW YORK--(BUSINESS WIRE)--
Inc. (NYSE:FXCM) today announced certain key operating metrics for
June 2014 for its retail and institutional foreign exchange business.
Retail customer trading volume (1) of $254 billion in June
2014, 3% lower than May 2014 and 36% lower than June 2013. Volume from
indirect sources was 45% of total retail volume (1) in the
second quarter 2014. Retail customer trading volume (1) for
the second quarter 2014 was $769 billion, 18% lower than the first
quarter 2014, and 33% lower than the second quarter 2013.
Average retail customer trading volume(1) per day of $12.1
billion in June 2014, 1% higher than May 2014 and 39% lower than June
An average of 350,069 retail client trades per day in June 2014, 1%
higher than May 2014 and 37% lower than June 2013.
Tradable accounts(2) of 208,365 as of June 30, 2014, an
increase of 4,336 accounts, or 2% from May 2014, and an increase of
17,367 accounts, or 9%, from June 2013.
Monthly activities included:
June 2014 Retail Trading Metrics
June 2014 Institutional Trading Metrics
Institutional customer trading volume (1) of $226 billion
in June 2014, 22% higher than May 2014 and 23% higher than June 2013.
Average institutional trading volume (1) per day of $10.8
billion in June 2014, 29% higher than May 2014 and 17% higher than
An average of 54,542 institutional client trades per day in June 2014,
1% lower than May 2014 and 34% higher than June 2013.
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
(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
In addition to historical information, this release contains
forward-looking statements within the meaning of Section 27A of the
Securities Act of 1933 and Section 21E of the Securities Exchange Act of
1934, which reflect FXCM Inc.'s current views with respect to, among
other things, its operations and financial performance for the future.
You can identify these forward-looking statements by the use of words
such as "outlook," "believes," "expects," "potential," "continues,"
"may," "will," "should," "seeks," "approximately," "predicts,"
"intends," "plans," "estimates," "anticipates" or the negative version
of these words or other comparable words. Such forward-looking
statements are subject to various risks and uncertainties. Accordingly,
there are or will be important factors that could cause actual outcomes
or results to differ materially from those indicated in these
statements. FXCM Inc. believes these factors include but are not limited
to evolving legal and regulatory requirements of the FX industry, the
limited operating history of the FX industry, risks related to the
protection of its proprietary technology, risks related to its
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 SEC filings, which are accessible on the SEC website at sec.gov.
These factors should not be construed as exhaustive and should be read
in conjunction with the other cautionary statements that are included in
this presentation and in our SEC filings. FXCM Inc. undertakes no
obligation to publicly update or review any forward-looking statement,
whether as a result of new information, future developments or
otherwise, except as required by law.
About FXCM Inc.
Inc. (NYSE: FXCM) is a global online provider of foreign exchange
(forex) trading and related services to retail and institutional
At the heart of FXCM's client offering is No Dealing Desk forex trading.
Clients benefit from FXCM's large network of forex liquidity providers
enabling FXCM to offer competitive spreads on major currency pairs.
Clients have the advantage of mobile trading, one-click order execution
and trading from real-time charts. FXCM'sU.K. subsidiary, Forex Capital
Markets Limited, also offers CFD products with no re-quote trading and
allows clients to trade oil, gold, silver and stock indices along with
forex on one platform. 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, and may not be suitable for all. Read
Visit www.fxcm.com and
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Jaclyn Klein, 646-432-2463
Source: FXCM Inc.