June's FXCM institutional volume metric surges 22% MoM; retail slightly lower
What slump in volumes? As far as FXCM (NYSE:FXCM) is concerned, their institutional offering has hit a recorded all time high for June at $226B as GBP strength, EUR weakness and dollar stagnation combined to create opportunities for FXCM's institutional base to chase pips. Retail volumes were flat dropping just 3% MoM as traders remain confused…
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