FXCM November volumes down from October’s record results, but still strong


Leading retail forex broker FXCM (NYSE:FXCM) has reported its November FX trading volumes:

Retail customer trading volume of $418 billion in November 2014, 18% lower than October 2014 and 36% higher than November 2013.

Institutional customer trading volume of $342 billion in November 2014, 13% lower than October 2014 and 77% higher than November 2013.

As there were three less trading days in November than there were in October, on an average daily volume basis FXCM actually reported a slight rise in Institutional volumes and a 5% drop in retail volumes.

As October’s volumes were an all-time record for FXCM, November’s slightly lower volumes should be viewed as fairly strong, certainly in comparison with the other months this year. Overall, November 2014 will go down as FXCM’s third best month ever for volumes.

FXCM mo vol Nov14

November 2014 Retail Trading Metrics

  • Average retail customer trading volume per day of $20.9 billion in November 2014, 5% lower than October 2014 and 42% higher than November 2013.
  • Retail customer trading volume of $418 billion in November 2014, 18% lower than October 2014 and 36% higher than November 2013.
  • An average of 593,256 retail client trades per day in November 2014, 2% higher than October 2014 and 54% higher than November 2013.
  • Tradable accounts of 232,307 as of November 30, 2014, an increase of 12,127, or 6% from October 2014, and an increase of 43,910, or 23%, from November 2013.

November 2014 Institutional Trading Metrics

  • Average institutional trading volume per day of $17.1 billion in November 2014, 0.2% higher than October 2014 and 86% higher than November 2013.
  • Institutional customer trading volume of $342 billion in November 2014, 13% lower than October 2014 and 77% higher than November 2013.
  • An average of 44,518 institutional client trades per day in November 2014, 8% higher than October 2014 and 19% higher than November 2013.

To see FXCM’s complete November volume report click here.

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FXCM November volumes down from October's record results, but still strong

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