Record Retail Trading Volume of $390 billion
Record Institutional Volume of $191 billion
NEW YORK--(BUSINESS
WIRE)-- FXCM
Inc. (NYSE: FXCM)
today announced certain key operating metrics for May 2013 for
its retail and institutional foreign exchange business.
Monthly activities included:
May 2013 Retail Trading
Metrics
- Retail customer trading volume (1) of $390
billion in May 2013, 7% higher than April
2013 and 28% higher than May 2012.
- Average retail customer trading volume(1)
per day of $17.0 billion in May 2013, 2%
higher than April 2013 and 29% higher than May 2012.
- An average of 498,089 retail client trades per day in May
2013, 0.1% lower than April 2013 and 37% higher
than May 2012.
- Tradable accounts(2) of 197,506 as of May
31, 2013, an increase of 1,332 accounts, or 0.7% from April
2013, and a decrease of 6,367 accounts, or 3% from May 2012.
May 2013 Institutional
Trading Metrics
- Institutional customer trading volume (1) of
$191 billion in May 2013, 4% higher than April
2013 and 39% higher than May 2012.
- Average institutional trading volume (1) per
day of $8.3 billion in May 2013, no change
from April 2013 and 39% higher than May 2012.
- An average of 39,364 institutional client trades per
day in May 2013, 72% higher than April 2013
and 139% higher than May 2012.
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, www.fxcm.com.
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, www.fxcm.com.
(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.
Disclosure Regarding Forward-Looking Statements
In addition to historical information, this release contains
forward-looking statements within the meaning of Section 27A of the Securities
Act of 1933 and Section 21E of the Securities Exchange Act of 1934, which
reflect FXCM Inc.'s current
views with respect to, among other things, its operations and financial
performance for the future. You can identify these forward-looking statements
by the use of words such as "outlook," "believes,"
"expects," "potential," "continues,"
"may," "will," "should," "seeks,"
"approximately," "predicts," "intends,"
"plans," "estimates," "anticipates" or the
negative version of these words or other comparable words. Such forward-looking
statements are subject to various risks and uncertainties. Accordingly, there
are or will be important factors that could cause actual outcomes or results to
differ materially from those indicated in these statements. FXCM
Inc. believes these factors include but are not limited to evolving legal
and regulatory requirements of the FX industry, the limited operating history
of the FX industry, risks related to the protection of its proprietary
technology, risks related to its dependence on FX market makers, market
conditions and those other risks described under "Risk Factors" in FXCM
Inc.'s Annual Report on Form 10-K and other SEC filings, which
are accessible on the SEC website at sec.gov.
These factors should not be construed as exhaustive and should be
read in conjunction with the other cautionary statements that are included in
this presentation and in our SEC filings. FXCM
Inc. undertakes no obligation to publicly update or review any
forward-looking statement, whether as a result of new information, future
developments or otherwise, except as required by law.
About FXCM Inc.
FXCM
Inc. (NYSE: FXCM) is
a global online provider of foreign exchange (forex) trading and related
services to retail and institutional customers world-wide.
At the heart of FXCM's
client offering is No Dealing Desk forex trading. Clients benefit from FXCM's
large network of forex liquidity providers enabling FXCM
to offer competitive spreads on major currency pairs. Clients have the
advantage of mobile trading, one-click order execution and trading from
real-time charts. FXCM's U.K.
subsidiary, Forex Capital
Markets Limited, also offers CFD products with no re-quote trading and
allows clients to trade oil, gold, silver and stock indices along with forex on
one platform. In addition, FXCM
offers educational courses on forex trading and provides free news and market
research through DailyFX.com.
Trading foreign exchange and CFDs on margin carries a high level
of risk, and may not be suitable for all. Read
full disclaimer.
EUR/USD-19 June, 2013
EUR/USD has been traded from high 1.3415 to low 1.3325 and closed at 1.3393 yesterday. Pair trades from high 1.3410 to low 1.3384 in European season today.
4H chart shows first signs of losing the steam, overbought. Pair is trading below the 61.8% Fibonacci retracement at 1.3342. Close below this level would trigger sell trend.
Wait of today’s close for clear direction, if could close above 1.3400 level, or probably the consolidation is over?!
Placed sell order is still open at 1.3328.
Please, write some comment for direction of pair this week.
Have a nice trading day
Posted at 03:35 AM in Comments about EUR/USD | Permalink | Comments (0) | TrackBack (0)