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Screenshot of a breaking news alert e-mail from Q2 2017
FXCM Inc. (NYSE:FXCM), a global online provider of forex trading, Contract for Difference (CFD), and related services, announces today the launch of the Forex Market Depth Indicator exclusively for its flagship Trading Station platform.
The Forex Market Depth Indicator allows FXCM clients to see up to five levels of liquidity and depth for 17 of the most traded currency pairs.
Traders will have insight into the sentiment of FXCM’s pool of liquidity providers alongside how much volume is available at a given price — giving traders an indication of potential market direction. Exclusively on Standard accounts featuring No Dealing Desk Execution.
“FXCM is excited to offer this new indicator as this affirms our deep-rooted commitment in providing transparent solutions to our clients,” said Drew Niv, CEO of FXCM. “Our team is consistently working to develop new advanced technology and optimize our clients’ trading experience.”
With FXCM, clients have access to a comprehensive suite of sentiment indicators including the Speculative Sentiment Index giving traders access to FXCM’s proprietary volume and positioning information, giving an unparalleled view of forex market sentiment.