Full press release for FXCM's Q4 and full year 2013 results follows. Details and analysis to follow...
Highest volume metrics numbers since July could be spelling more growth ahead
Overall, FXCM retail volumes were up 14% and institutional volumes 72% (!!) in 2013.
As expected, FXCM reported healthy Q1 financial results.
Institutional revenues and margins continue to improve, and become a bigger part of the picture at FXCM.
FXCM's January volumes total $479 billion, one of its best months ever.
For the year, FXCM retail FX volumes down 5% from 2011.
FXCM sees best overall month for FX volumes since June.
Retail volumes off 26% and Institutional 58% from last year's levels.