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2017-11-06 22:20 CET
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FXCM Group Reports Monthly Metrics

NEW YORK, Nov. 06, 2017 (GLOBE NEWSWIRE) -- FXCM Group, LLC ("FXCM Group" or "FXCM"), a leading international provider of online foreign exchange trading, CFD trading, spread betting and related services, today announced certain key customer trading metrics for October 2017 for its retail and institutional foreign exchange business.

October 2017 Customer Trading Metrics from Continuing Operations:

  • Customer trading volume (1) of $192 billion in October 2017, 2% lower than September 2017 and 29% lower than October 2016.
  • Average customer trading volume (1) per day of $8.7 billion in October 2017, 6% lower than September 2017 and 33% lower than October 2016.
  • An average of 304,032 client trades per day in October 2017, 9% lower than September 2017 and 36% lower than October 2016.
  • Active accounts (2) of 121,319 as of October 31, 2017, a decrease of 1,487, or 1%, from September 30, 2017, and a decrease of 10,964, or 8%, from October 31, 2016. 
  • Tradeable accounts (3) of 104,120 as of October 31, 2017, a decrease of 236, or 0.2%, from September 30, 2017, and a decrease of 1,629, or 2%, from October 31, 2016.

This operating data is preliminary and subject to revision and should not be taken as an indication of the financial performance of FXCM Group. 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 Company's corporate website www.fxcm.com/uk.

(1) Volume that FXCM customers traded in period is translated into US dollars.
(2) An Active Account represents an account that has traded at least once in the previous twelve months and represents total trading accounts for both retail and institutional.
(3) A Tradeable Account is an account with sufficient funds to place a trade in accordance with FXCM trading policies.

   
  Continuing Operations
  Jan-
17
Feb-
17
Mar-
17
Apr-
17
May-
17
Jun-
17
Jul-
17
Aug-
17
Sep-
17
(6)
Oct-
17
(7)
Nov-
17
Dec-
17
Tra-
ding Days
in Pe-
riod
  21   20   23   20   23   22   21   23   21   22   22   20
Ac-
tive Acc-
ounts -
Ex FXCM US LLC 
(1),
(5)
  132,
096
    130,518     130,832     129,366     128,242     125,285     124,116     123,411     122,806   121,
319
    -      - 
Ac-
tive Acc-
ounts -
FXCM US LLC 
(1),
(5)
  46,
794
    45,427     -      -      -      -      -      -      -      -      -      - 
Ac-
tive Acc-
ounts 
(1),
(5)
  178,
890
    175,945     130,832     129,366     128,242     125,285     124,116     123,411     122,806   121,
319
    -      - 
Trade-
able Acc-
ounts -
Ex FXCM US LLC 
(2)
  106,
206
    109,133     109,080     108,883     109,295     109,829     109,838     109,441     104,356   104,
120
    -      - 
Trade-
able Acc-
ounts -
FXCM US LLC 
(2)
  50,
611
    143     -      -      -      -      -      -      -      -      -      - 
Trade-
able Acc-
ounts 
(2)
  156,
817
    109,276     109,080     108,883     109,295     109,829     109,838     109,441     104,356   104,
120
    -      - 
Daily Ave-
rage Tra-
des -
Custo-
mers -
Ex FXCM US LLC
  488,
917
    408,446     387,815     347,500     334,536     340,308     321,923     339,512     334,086   304,
032
    -      - 
Daily Ave-
rage Tra-
des -
Custo-
mers -
FXCM US LLC
  113,
684
    73,316     3     -      -      -      -      -      -      -      -      - 
Daily Ave-
rage Trades -
Custo-
mers
  602,
602
    481,761     387,818     347,500     334,536     340,308     321,923     339,512     334,086   304,
032
    -      - 
Total Custo-
mer Tra-
ding
Vo-
lume (in Bi-
llions US$ Equi-
valent) -
Ex FXCM US LLC 
(3)
    253     201     225     176     213     223     197     223     196     192     -      - 
Total Custo-
mer Tra-
ding Vo-
lume
(in Bi-
llions US$ Equi-
valent) -
FXCM US LLC 
(3)
$   62 $   38 $   0 $   -  $   -  $   -  $   -  $   -  $   -  $   -  $   -  $   - 
Total Custo-
mer Tra-
ding Vo-
lume
(in Bi-
llions US$ Equi-
valent) 
(3)
$   315 $   239 $   225 $   176 $   213 $   223 $   197 $   223 $   196 $   192 $   -  $   - 
Ave-
rage Custo-
mer Tra-
ding Vo-
lume
per Day (in Bi-
llions US$ Equi-
valent) -
Ex FXCM US LLC 
(3)
$   12.0 $   10.1 $   9.8 $   8.8 $   9.3 $   10.1 $   9.4 $   9.7 $   9.3 $   8.7 $   -  $   - 
Ave-
rage Custo-
mer Tra-
ding Vo-
lume
per Day (in Bi-
llions US$ Equi-
valent) -
FXCM US LLC 
(3)
$   2.9 $   1.9 $   0.0 $   -  $   -  $   -  $   -  $   -  $   -  $   -  $   -  $   - 
Ave-
rage Custo-
mer Tra-
ding Vo-
lume
per Day (in Bi-
llions US$ Equi-
valent) 
(3)
$   15.0 $   11.9 $   9.8 $   8.8 $   9.3 $   10.1 $   9.4 $   9.7 $   9.3 $   8.7 $   -  $   - 

  Continuing Operations
  Jan-
16
Feb-
16
Mar-
16
Apr-
16
May-
16
Jun-
16
Jul-
16
Aug-
16
Sep-
16
(4)
Oct-
16
Nov-
16
Dec-
16
Tra-
ding
Days in
Pe-
riod
  20   21   23   21   22   22   21   23   22   21   22   21
Ac-
tive Acc-
ounts -
Ex FXCM US LLC 
(1),
(5)
  130,
837
    133,354     132,734     133,035     133,383     133,412     131,641     131,067     132,113   132,
283
  133,
138
  132,
524
Ac-
tive Acc-
ounts -
FXCM US LLC 
(1),
(5)
  41,
363
    42,454     43,273     44,036     44,756     45,253     45,183     44,816     45,834   45,
795
  46,
420
  46,
378
Ac-
tive Acc-
ounts 
(1),
(5)
  172,
200
    175,808     176,007     177,071     178,139     178,665     176,824     175,883     177,947   178,
078
  179,
558
  178,
902
Trade-
able Acc-
ounts -
Ex FXCM US LLC 
(2)
  109,
093
    111,278     112,708     113,705     115,177     115,982     116,405     119,032     105,500   105,
749
  105,
903
  105,
582
Trade-
able Acc-
ounts -
FXCM US LLC 
(2)
  53,
543
    54,001     54,656     55,463     55,673     55,525     55,264     54,416     49,567   49,
237
  50,
025
  49,
771
Trade-
able Acc-
ounts 
(2)
  162,
636
    165,279     167,364     169,168     170,850     171,507     171,669     173,448     155,067   154,
986
  155,
928
  155,
353
Dai-
ly Ave-
rage Tra-
des - Custo-
mers -
Ex FXCM US LLC
  598,
424
    576,345     504,069     523,385     491,144     505,934     503,479     436,116     504,103   477,
914
  538,
144
  426,
394
Dai-
ly Ave-
rage Tra-
des - Custo-
mers -
FXCM US LLC
  131,
791
    128,315     111,605     115,111     105,165     115,001     115,135     95,470     100,295   97,
893
  110,
801
  92,
866
Dai-
ly Ave-
rage Tra-
des -
Custo-
mers
  730,
215
    704,660     615,674     638,496     596,309     620,934     618,614     531,586     604,398   575,
807
  648,
945
  519,
260
To-
tal Custo-
mer Tra-
ding Vo-
lume
(in Bi-
llions US$ Equi-
valent) -
Ex FXCM US LLC 
(3)
$   305 $   299 $   313 $   300 $   271 $   270 $   257 $   241 $   291 $   272 $   311 $   214
To-
tal Custo-
mer Tra-
ding Vo-
lume
(in Bi-
llions US$ Equi-
valent) -
FXCM US LLC 
(3)
$   62 $   63 $   61 $   61 $   59 $   62 $   65 $   54 $   62 $   57 $   70 $   46
To-
tal Custo-
mer Tra-
ding Vo-
lume
(in Bi-
llions US$ Equi-
valent) 
(3)
$   367 $   362 $   375 $   361 $   330 $   332 $   322 $   295 $   353 $   329 $   381 $   260
Ave-
rage Custo-
mer Tra-
ding Vo-
lume
per Day (in Bi-
llions US$ Equi-
valent) -
Ex FXCM US LLC 
(3)
$   15.2 $   14.3 $   13.6 $   14.3 $   12.3 $   12.3 $   12.3 $   10.5 $   13.2 $   13.0 $   14.2 $   10.2
Ave-
rage Custo-
mer Tra-
ding Vo-
lume
per Day (in Bi-
llions US$ Equi-
valent) -
FXCM US LLC 
(3)
$   3.1 $   3.0 $   2.7 $   2.9 $   2.7 $   2.8 $   3.1 $   2.3 $   2.8 $   2.7 $   3.2 $   2.2
Ave-
rage Custo-
mer Tra-
ding Vo-
lume
per Day (in Bi-
llions US$ Equi-
valent) 
(3)
$   18.4 $   17.2 $   16.3 $   17.2 $   15.0 $   15.1 $   15.4 $   12.8 $   16.0 $   15.6 $   17.3 $   12.4

(1) An Active Account represents an account that has traded at least once in the previous 12 months.

(2) A Tradeable Account is an account with sufficient funds to place a trade in accordance with FXCM trading policies.

(3) Volume that FXCM customer traded in period translated into US dollars.

(4) During September 2016, the Company charged a dormancy fee to clients resulting in a number of accounts no longer qualifying as tradeable.

(5) Active Accounts represent total trading accounts not only retail accounts.

(6) During September 2017, the Company charged a dormancy fee to clients resulting in a number of accounts no longer qualifying as tradeable.

(7) During October 2017, the Company charged a dormancy fee to clients resulting in a number of accounts no longer qualifying as tradeable.

This operating data is preliminary and subject to revision and should not be taken as an indication of the financial performance of FXCM Group, LLC.

Data is for FXCM Group, LLC.

About FXCM Group, LLC

FXCM Group is a holding company of Forex Capital Markets Limited, inclusive of all EU branches (FXCM UK), FXCM Australia Pty. Limited (FXCM AU), and all affiliates of aforementioned firms, or other firms under the FXCM group of companies [collectively "FXCM"].

FXCM is a leading provider of online foreign exchange (FX) trading, CFD trading, spread betting and related services. The company's mission is to provide global traders with access to the world's largest and most liquid market by offering innovative trading tools, hiring excellent trading educators, meeting strict financial standards and striving for the best online trading experience in the market. Clients have the advantage of mobile trading, one-click order execution and trading from real-time charts. In addition, FXCM offers educational courses on FX trading and provides trading tools, proprietary data and premium resources. FXCM Pro provides retail brokers, small hedge funds and emerging market banks access to wholesale execution and liquidity, while providing high and medium frequency funds access to prime brokerage services via FXCM Prime.

Trading foreign exchange and CFDs on margin carries a high level of risk, which may result in losses that could exceed your deposits, therefore may not be suitable for all investors. Read full disclaimer.

Jaclyn Sales, 646-432-2463
Vice-President, Corporate Communications
jsales@fxcm.com  

HUG#2147609