US retail client assets declined, even as global FX trading volumes set records during September. And the industry keeps getting more concentrated.
Read moreAfter a surprising 7% (or $41 million) rise in July, client assets held by regulated US retail forex brokers continued their slow but steady decline in August, shedding 2%, or $12.3 million. Total client assets held now sit at $619.7 million, as at August 31, 2014. The industry remains fairly concentrated, with the 'big three'…
Read moreBiggest drop was at Interactive Brokers, which dropped 22%. U.S. Retail Forex client asset data for the month of February is now out, and there weren't really any big surprises: Overall, U.S. Retail Forex assets dropped 2% from January to $641.6 million, and are down 15% from last year as the U.S. retail FX sector…
Read more.... but the US Retail FX market continues to be a shrinking one for most of the other NFA regulated brokers. The CFTC released its monthly figures for January on the US Retail FX sector, and while overall US client assets in the retail FX space increased by 3% over December, virtually the entire increase…
Read moreGoing against the trend, Australia's AxiTrader enters the U.S. Retail FX market. At a time when we are seeing a number of foreign FX brokerages abandon the heavily-regulated U.S. market (e.g. Forex Club), and even U.S.-based firms close shop domestically to focus on foreign markets (e.g. GFT), along comes AxiTrader going the other way. Australia's…
Read moreFXCM and FXDD see biggest increase.
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