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2017-12-06 22:20 CET
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FXCM Group Reports Monthly Metrics

NEW YORK, Dec. 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 November 2017 for its retail and institutional foreign exchange business.

November 2017 Customer Trading Metrics from Continuing Operations:

  • Customer trading volume (1) of $218 billion in November 2017, 14% higher than October 2017 and 30% lower than November 2016.
  • Average customer trading volume (1) per day of $9.9 billion in November 2017, 14% higher than October 2017 and 30% lower than November 2016.
  • An average of 336,465 client trades per day in November 2017, 11% higher than October 2017 and 37% lower than November 2016.
  • Active accounts (2) of 118,449 as of November 30, 2017, a decrease of 2,870, or 2%, from October 31, 2017, and a decrease of 14,689, or 11%, from November 30, 2016. 
  • Tradeable accounts (3) of 96,550 as of November 30, 2017, a decrease of 7,570, or 7%, from October 31, 2017, and a decrease of 9,353, or 9%, from November 30, 2016.

During November 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. 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
Trading Days in Period   21   20   23   20   23   22   21   23   21   22   22   20
Active Accounts - 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
  118,
449
  -
Active Accounts -
FXCM US LLC
(1),(5)
  46,
794
  45,
427
  -   -   -   -   -   -   -   -   -   -
Active Accounts (1),(5)   178,
890
  175,
945
  130,
832
  129,
366
  128,
242
  125,
285
  124,
116
  123,
411
  122,
806
  121,
319
  118,
449
  -
Tradeable Accounts -
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
  96,
550
  -
Tradeable Accounts -
FXCM US LLC
(2)
  50,
611
  143   -   -   -   -   -   -   -   -   -   -
Tradeable Accounts (2)   156,
817
  109,
276
  109,
080
  108,
883
  109,
295
  109,
829
  109,
838
  109,
441
  104,
356
  104,
120
  96,
550
  -
Daily Average Trades -
Customers - Ex FXCM
US LLC
  488,
917
  408,
446
  387,
815
  347,
500
  334,
536
  340,
308
  321,
923
  339,
512
  334,
086
  304,
032
  336,
465
  -
Daily Average Trades -
Customers - FXCM US
LLC
  113,
684
  73,
316
  3   -   -   -   -   -   -   -   -   -
Daily Average Trades -
Customers
  602,
602
  481,
761
  387,
818
  347,
500
  334,
536
  340,
308
  321,
923
  339,
512
  334,
086
  304,
032
  336,
465
  -
Total Customer Trading
Volume (in Billions US$
Equivalent) - Ex FXCM
US LLC
(3)
  253   201   225   176   213   223   197   223   196   192   218   -
Total Customer Trading
Volume (in Billions US$
Equivalent) - FXCM US
LLC
(3)
$ 62 $ 38 $ 0 $ - $ - $ - $ - $ - $ - $ - $ - $ -
Total Customer Trading
Volume (in Billions US$
Equivalent)
(3)
$ 315 $ 239 $ 225 $ 176 $ 213 $ 223 $ 197 $ 223 $ 196 $ 192 $ 218 $ -
Average Customer
Trading Volume per
Day (in Billions US$
Equivalent) - 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 $ 9.9 $ -
Average Customer
Trading Volume per
Day (in Billions US$
Equivalent) - FXCM
US LLC
(3)
$ 2.9 $ 1.9 $ 0.0 $ - $ - $ - $ - $ - $ - $ - $ - $ -
Average Customer
Trading Volume per
Day (in Billions US$
Equivalent)
(3)
$ 15.0 $ 11.9 $ 9.8 $ 8.8 $ 9.3 $ 10.1 $ 9.4 $ 9.7 $ 9.3 $ 8.7 $ 9.9 $ -
                         
  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
Trading Days in Period   20   21   23   21   22   22   21   23   22   21   22   21
Active Accounts - 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
Active Accounts -
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
Active Accounts (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
Tradeable Accounts -
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
Tradeable Accounts -
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
Tradeable Accounts (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
Daily Average Trades -
Customers - 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
Daily Average Trades -
Customers - 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
Daily Average Trades -
Customers
  730,
215
  704,
660
  615,
674
  638,
496
  596,
309
  620,
934
  618,
614
  531,
586
  604,
398
  575,
807
  648,
945
  519,
260
Total Customer Trading
Volume (in Billions US$
Equivalent) - Ex FXCM
US LLC
(3)
$ 305 $ 299 $ 313 $ 300 $ 271 $ 270 $ 257 $ 241 $ 291 $ 272 $ 311 $ 214
Total Customer Trading
Volume (in Billions US$
Equivalent) - FXCM US
LLC
(3)
$ 62 $ 63 $ 61 $ 61 $ 59 $ 62 $ 65 $ 54 $ 62 $ 57 $ 70 $ 46
Total Customer Trading
Volume (in Billions US$
Equivalent)
(3)
$ 367 $ 362 $ 375 $ 361 $ 330 $ 332 $ 322 $ 295 $ 353 $ 329 $ 381 $ 260
Average Customer
Trading Volume per
Day (in Billions US$
Equivalent) - 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
Average Customer
Trading Volume per
Day (in Billions US$
Equivalent) - 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
Average Customer
Trading Volume per
Day (in Billions US$
Equivalent)
(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.
(8) During November 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#2154488