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US forex broker FXCM released its trading metrics for the month of November 2011. This includes separate figures for retail and institutional clients.  

The number of retail tradeable accounts continued rising and reached 192,772. Also trading volume among retail customers continued rising and reached $345 billion.

Regarding institutional trading, the broker saw a drop in November from October – 13%. On the other hand, volume more than doubled in comparison to November 2010, which was a busy month.

More figures are available in the press release below:

NEW YORK, NY, December 14, 2011 –  FXCM Inc.  (NYSE: FXCM) today announced certain key operating metrics for November 2011 for its retail and institutional foreign exchange business. Monthly activities included:

 

November 2011

Retail Trading Metrics

  • Retail customer trading volume(1)  of $345 billion in November 2011, 2% higher than October 2011 and 7% higher than November 2010.
  • Average retail customer trading volume(1)  per day of $15.7 billion in November 2011, 3% lower than October 2011 and 7% higher than November 2010.
  • An average of 452,268 retail client trades per day in November 2011, 2% lower than October 2011 and 31% higher than November 2010.
  • ·                  Tradeable accounts(2)  of 192,772 as of November 30, 2011, an increase of 1,197, or 1% from October 2011, and an increase of 12,783,or 7%, from November 2010.

Institutional Trading Metrics

  • Institutional customer trading volume(1)  of $151 billion in November 2011, 13% lower than October 2011 and 108% higher than November 2010.

·                  Average institutional trading volume(1)  per day of $6.9 billion in November 2011, 17% lower than October 2011 and 108% higher than November 2010.

·                  An average of 30,011 institutional client trades per day in November 2011, 31% lower than October 2011 and 521% higher than November 2010.

 

More information, including historical results for each of the above metrics, can be found on the investor relations page of the Company’s corporate web site,

 

This operating data is preliminary and subject to revision and should not be taken as an indication of the financial performance of FXCM Inc.    FXCM undertakes no obligation to publicly update or review previously reported operating data.  Any updates to previously reported operating data will be reflected in the historical operating data that can be found on the Investor Relations page of the Company’s corporate web site,

 

(1)  Volume that FXCM customers traded in period translated into US dollars.

 (2)  An account that has sufficient funds to place a trade in accordance with FXCM trading policies.