FXCM Reports March Trading Volume of $314B
By Benzinga
posted 2:24 04/15/11
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FXCM Inc. (NYSE: FXCM) today announced certain key operating metrics for March 2011 for its retail foreign exchange business. Monthly activities included:

Retail customer trading volume of $314 billion in March 2011, 26% higher than February 2011 and 28% higher than March 2010. For the quarter, retail customer trading volume was $822 billion, a decline of 2% from the previous quarter. Volume from indirect sources including referring brokers and white labels was 57% of total retail customer trading volume for the quarter.

An average of 324,399 retail client trades per day in March 2011, 10% higher than February 2011 and 13% higher than March 2010. For the quarter, retail client trades per day were 309,777 a decline of 2% from the previous quarter.

 
 
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