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FXCM Reports Monthly Metrics

FXCM Inc. (NYSE:FXCM) today announced certain key operating metrics for September 2013 for its retail and institutional foreign exchange business. Monthly activities included:

September 2013

Retail Trading Metrics

  • Retail customer trading volume (1) of $285 billion in September 2013, 7% lower than August 2013 and 6% lower than September 2012. Volume from indirect sources was 46% of total retail volume (1) in the third quarter 2013.
  • Retail customer trading volume (1) for the third quarter 2013 was $980 billion, 15% lower than the second quarter 2013, and 14% higher than the third quarter 2012.
  • Average retail customer trading volume (1) per day of $13.6 billion in September 2013, 3% lower than August 2013 and 11% lower than September 2012.
  • An average of 382,657 retail customer trades per day in September 2013, 7% lower than August 2013 and 5% higher than September 2012.
  • Tradable accounts (2) of 188,988 as of September 30, 2013, an increase of 3,865, or 2% from August 2013, and a decrease of 13,406, or 7%, from September 2012. In the month, on September 27, 2013, FXCM assumed approximately 2,640 tradeable accounts from Alpari US LLC.

Institutional Trading Metrics

  • Institutional customer trading volume (1) of $181 billion in September 2013, 14% lower than August 2013 and 293% higher than September 2012.
  • Institutional customer trading volume (1) for the third quarter 2013 was $576 billion, 3% higher than the second quarter 2013 and 269% higher than the third quarter 2012.
  • Average institutional trading volume (1) per day of $8.6 billion in September 2013, 9% lower than August 2013 and 274% higher than September 2012.
  • An average of 38,362 institutional client trades per day in September 2013, 33% lower than August 2013 and 574% higher than September 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.

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