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US Forex broker FXCM reported some metrics for Q4 2011 and for the whole year. IT enjoyed growth in revenue for the quarter and the full year.

Activity in the institutional sector was especially strong. Q4 2011 saw  a leap of 125% in institutional activity in comparison with the same quarter in 2010.

The company will likely see another a strong 2012, especially with the recent collaboration between E*TRADE and FXCM.

It’s important to note that full Q4 and yearly results are expected on March 14th. Gain Capital ( which is also a publicly traded company, didn’t post such good figures.

Here are more details, from the official press release:

FXCM Inc. Announces Anticipated Fourth Quarter Revenues and

Fourth Quarter Earnings Conference Call


NEW YORK, NY – February 29, 2012 – FXCM Inc (NYSE: FXCM), a leading online provider of foreign exchange, or FX, trading and related services, today announced anticipated fourth quarter and full year 2011 revenues and selected operating metrics:


Fourth Quarter Highlights:

  • 2011 fourth quarter revenues of $105.2 million, up 9% versus the same period in 2010
  • Retail revenue per million of $98 per million
  • Retail customer trading volume(1)  for the fourth quarter 2011 was $972 billion, 16% higher than the fourth quarter 2010.
  • Institutional customer trading volume(1)  for the fourth quarter 2011 was $429 billion, 125% higher than 2010

Full-Year Highlights:

  • Full year revenues of $412.4 million, up 14% compared to 2010
  • Retail revenue per million of $96 per million
  • Retail customer trading volume(1)  for 2011 was $3.8 trillion, 19% higher than 2010
  • Institutional customer trading volume(1)  for 2011 was $1.2 trillion, 56% higher than 2010

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

The above revenue and revenue per million figures are subject to the finalization of the company’s fourth quarter and full year results.


“2011 was a strong year for FXCM.    We grew our active retail account base by 20% to 163,094 accounts, increased retail customer trading volume by 19% to a record $3.8 trillion, increased institutional customer trading volume by 56% to a record $1.2 trillion and closed two acquisitions in Japan, considerably increasing our position in that region, the world’s largest retail FX market,” said Drew Niv, Chief Executive Officer.


“As we start 2012, we are optimistic about a number of organic initiatives. E*TRADE’s recent announcement that it will launch foreign exchange trading using FXCM is an example of our recent success in growing our white label business. In addition, we continue to migrate our institutional clients onto our proprietary platform, which we believe will make us more competitive and capture more market share.”