FXCM Reports Trading Metrics for May 2014, Retail Volume Up 5% MoM

FXCM released today several of its key operating metrics for May 2014 for its retail and institutional business.

The retail figures show an improvement for FXCM after a very tough month in April but not enough of a rebound to recoup the considerable double digit declines in numbers from .

The institutional figures are completely flat with regard to volumes but the number of trades per day was almost 30% higher in May than in April 2014, this means FXCM’s institutional clients must have lowered their average volume per trade.

May 2014 Retail Trading Metrics

• Retail customer trading volume of $263 billion in May 2014, 5% higher than April 2014 and 33% lower than May 2013.
• Average retail customer trading volume per day of $12.0 billion in May 2014, 5% higher than April 2014 and 29% lower than May 2013.
• An average of 345,324 retail client trades per day in May 2014, 2% lower than April 2014 and 31% lower than May 2013.
• Tradable accounts of 204,029 as of May 31, 2014, an increase of 11,424 accounts, or 6% from April 2014, and an increase of 6,523 accounts, or 3% from May 2013. May 2014 includes the addition of 8,976 accounts acquired from FXDirectDealer LLC. ().

May 2014 Institutional Trading Metrics

• Institutional customer trading volume of $185 billion in May 2014, no change from April 2014 and 3% lower than May 2013.
• Average institutional trading volume per day of $8.4 billion in May 2014, no change from April 2014 and 1% higher than May 2013.
• An average of 55,365 institutional client trades per day in May 2014, 29% higher than April 2014 and 41% higher than May 2013.

It was also announced today that William Blair & Company, an investment banking and financial services firm, now holds almost 5 million (4,759,475) of FXCM shares, which is slightly over 10% of the entire amount of FXCM stocks.