FXCM Inc (NYSE:FXCM) today announced certain key customer trading metrics for June 2015 for its retail and institutional foreign exchange business.
Retail Customer Trading Metrics
FXCM reported a retail customer trading volume of $363 billion in June 2015, 10% higher than May 2015 and 43% higher than June 2014. Volume from indirect sources was 42% of total retail volume in the second quarter 2015.
May was a month in which FXCM achieved an 8% increase in volumes over the previous month, with total volumes standing at $331 billion. As a result, share prices in the firm rose considerably. An increase in retail volumes to $363 billion in June is a strong achievement for the company.
Retail customer trading volume for the second quarter 2015 was $1 trillion, 7% higher than the first quarter 2015, and 40% higher than the second quarter 2014.
Average retail customer trading volume per day of $16.5 billion in June 2015, 4% higher than May 2015 and 36% higher than June 2014.
An average of 563,829 retail client trades per day in June 2015, 8% higher than May 2015 and 61% higher than June 2014.
Tradeable accounts of 188,369 as of June 30, 2015, a decrease of 115 accounts, or 0.1% from May 2015, and a decrease of 19,996 accounts, or 10%, from June 2014.
Institutional Customer Trading Metrics
Institutional customer trading volume of $227 billion in June 2015, 10% higher than May 2015 and 0.4% higher than June 2014.
Average institutional customer trading volume per day of $10.3 billion in June 2015, 5% higher than May 2015 and 5% lower than June 2014.
An average of 33,938 institutional client trades per day in June 2015, 12% lower than May 2015 and 38% lower than June 2014.
For the official announcement from FXCM, click here.