Following an announcement in June this year, FXCM has now included a series of five real volume and transaction indicators in the mobile version of its Trading Station platform
Read moreUS retail client assets declined, even as global FX trading volumes set records during September. And the industry keeps getting more concentrated.
Read moreLeapRate Exclusive... LeapRate has learned that leading global retail forex broker FXCM (NYSE:FXCM) has recently ended its relationship with all affiliates, thereby ending its affiliate program. A letter in that regard was sent out last week to (former) FXCM affiliates - see below. The reasons for discontinuing work with affiliates seems to be a combination of…
Read moreLeading retail forex broker FXCM (NYSE:FXCM) reported its October trading volume metrics alongside its Q3 financial results - more on that later - and even given the healthy volumes we're seeing from other top FX brokers, FXCM's are eye popping. All-important retail volumes at FXCM topped $500 billion for the first time, coming in at $509…
Read moreSome more insider selling to report from FXCM...LeapRate has learned, via filings made with the U.S. Securities and Exchange Commission (SEC) on November 4th, that former FXCM (NYSE:FXCM) senior executive Michael Romersa has sold approximately $2.9 million more worth of his FXCM shares on October 31st and November 3rd. He sold 177,500 shares this time…
Read moreLeapRate Exclusive... LeapRate has learned that leading institutional FX broker and liquidity provider LMAX Exchange has begun providing original research and analysis of the overall currency space, called Global FX Insights, hiring well-regarded FX analyst Joel Kruger as senior analyst. Kruger had been a senior currency analyst for both Thomson Reuters (NYSE:TRI) and more recently FXCM…
Read moreResearch by LeapRate has unearthed a bogus website which illegally uses FXCM's name in order to boast unrealistically high returns.
Read moreInvestment bank Keefe, Bruyette & Woods likes management at both FX brokers but cites issues such as shrinking margins and rising costs.
Read moreFollowing a fairly long slump in trading volumes during most of 2014, LeapRate’s Retail FX Volume Index leapt 18% in September to $340 billion ADV – second best ever, just slightly below June 2013’s record $341 billion. September also marks our Index’s return to above $300B ADV for the first time since March. Several leading retail…
Read moreRetail catches fire in a September to remember for the markets; while FXCM also reports record institutional volume of $362 billion...
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