FXCM Sees Continued Rise in Institutional Trading in June,

US based forex broker FXCM published interesting metrics for the month of June and for the second quarter of 2012.

In May, FXCM saw 23% rise in retail customer volume in May from April, FXCM continues to stand out in institutional trading, which grows at a rapid pace. Numbers for retail were more mixed.

More details from the press release:

Retail Trading Metrics

  • Retail customer trading volume(1) of $317 billion in June 2012, 4% higher than May 2012 and flat with June 2011.  Volume from indirect sources was 44% of total retail volume(1) in the second quarter 2012.  Retail customer trading volume(1) for the second quarter 2012 was $869 billion, 12% lower than the first quarter 2012, and 7% lower than the second quarter 2011.
  • Average retail customer trading volume(1) per day of $15.1 billion in June 2012, 14% higher than May 2012 and 5% higher than June 2011.
  • An average of 414,502 retail customer trades per day in June 2012, 14% higher than May 2012 and 14% higher than June 2011.
  • ·     Tradeable accounts(2) of 205,111 as of June 30, 2012, an increase of 1,238, or 1% from May 2012, and an increase of 33,973,or 20%, from June 2011.

Institutional Trading Metrics

  • Institutional customer trading volume(1) of $161 billion in June 2012, 16% higher than May 2012 and 123% higher than June 2011.  Institutional customer trading volume(1) for the second quarter 2012 was $402 billion, 1% higher than the first quarter 2012 and 88% higher than the second quarter 2011.

·         Average institutional trading volume(1) per day of $7.7 billion in June 2012, 27% higher than May 2012 and 134% higher than June 2011.

·         An average of 17,937 institutional client trades per day in June 2012, 9% higher than May 2012 and 147% higher than June 2011.

Get the 5 most predictable currency pairs

Leave a Reply

Your email address will not be published. Required fields are marked *