The CFTC has released U.S. client Forex asset data for February, showing that the largest U.S. (and global) firm, FXCM, increased its U.S. market lead by adding nearly $10 million in client assets in February.
Trend-wise, as we also saw last month, client asset increases were seen (in aggregate) in the top-tier, larger NFA-regulated firms, while smaller firms either just treading water or continuing to see attrition. We expect that trend to continue, as regulators continue to make it difficult and expensive to do business in the U.S.
For more on the global online trading industry, see the LeapRate Dow Jones Forex Industry Report.