FXCM Sees Continued Rise in Institutional Trading in June,

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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.

 

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Yohay Elam – Founder, Writer and Editor I have been into forex trading for over 5 years, and I share the experience that I have and the knowledge that I’ve accumulated. After taking a short course about forex. Like many forex traders, I’ve earned a significant share of my knowledge the hard way. Macroeconomics, the impact of news on the ever-moving currency markets and trading psychology have always fascinated me. Before founding Forex Crunch, I’ve worked as a programmer in various hi-tech companies. I have a B. Sc. in Computer Science from Ben Gurion University. Given this background, forex software has a relatively bigger share in the posts.

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