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US based forex broker FXCM published key metrics for the month of May. Most components show nice rises from April 2011 and from May 2011. This includes volume of trades, number of trades and also the number of tradeable accounts. The only metric that is slightly lower is the number of active accounts.

The action provided by the markets in May contributes to traffic in forex websites and also to more trades with brokers. Here are the full details:

NEW YORK, NY, June 9, 2011 – FXCM Inc. (NYSE: FXCM) today announced certain key operating metrics for May 2011 for its retail and institutional foreign exchange business. Monthly activities included:

May 2011

Retail Trading Metrics

  • Retail customer trading volume(1) of $328 billion in May 2011, 12% higher than April 2011 and 5% higher than May 2010.
  • Average retail customer trading volume(1) per day of $14.9 billion in May 2011, 7% higher than April 2011 and no change from May 2010.
  • An average of 363,579 retail client trades per day in May 2011, 13% higher than April 2011 and 8% lower than May 2010.
  • · Active accounts(2) of 155,592 as of May 31, 2011, a decrease of 2,410 or 2% from April 2011, and an increase of 26,465 or 20% from May 2010.
  • · Tradeable accounts(3) of 167,844 as of May 31, 2011, an increase of 1,696 or 1% from April 2011, and an increase of 6,635 or 4% from May 2010.

Institutional Trading Metrics

  • · Institutional customer trading volume(1) of $80 billion in May 2011, 28% higher than April 2011 and 4% higher than May 2010.

  • · Average institutional trading volume(1) per day of $3.6 billion in May 2011, 22% higher than April 2011 and no change from May 2010.

  • · An average of 8,694 institutional client trades per day in May 2011, 28% higher than April 2011 and 95% higher than May 2010.

 

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