FXCM retail volumes drop 11% MoM back below $300 billion; institutional volume shows life with 21% rise MoM

FXCM Inc. (NYSE:FXCM) today just reported certain key customer trading metrics for November 2015 for its retail and institutional Forex trading business. It has been a down month overall as we head to the close of the year, chief competitor to FXCM, GAIN Capital reported it’s lowest volumes since February of 2015 at $229.5 billion, FXCM still leads the way in the retail segment…check out the full results below.

November 2015 Customer Trading Metrics from Continuing Operations

Retail Customer Trading Metrics

  • Retail customer trading volume of $298 billion in November 2015, 11% lower than October 2015’s $335 billion and 12% lower than November 2014.
  • Average retail customer trading volume per day of $14.2 billion in November 2015, 7% lower than October 2015 and 15% lower than November 2014.
  • An average of 487,560 retail client trades per day in November 2015, 5% lower than October 2015 and 6% lower than November 2014.
  • Active accounts of 179,905 as of November 30, 2015, an increase of  1,632, or 1%, from October 2015, and an increase of 16,575, or 10%, from November 2014.
  • Tradable accounts of 161,509 as of November 30, 2015, an increase of 424, or 0.3% from October 2015, and a decrease of 29,248, or 15%, from November 2014.

Institutional Customer Trading Metrics

  • Institutional customer trading volume of $41 billion in November 2015, 21% higher than October 2015 and 51% lower than November 2014.
  • Average institutional trading volume per day of $2.0 billion in November 2015, 25% higher than October 2015 and 52% lower than November 2014.
  • An average of 31,780 institutional client trades per day in November 2015, 11% higher than October 2015 and 83% higher than November 2014.

To view the official release click here.

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