FXCM Inc. (NYSE:FXCM) announced today that it will launch a groundbreaking real-time real-volume indicator exclusively on its flagship Trading Station platform in the coming weeks. The indicator is currently being tested, but will provide real volume being traded on the FXCM retail platforms for the top 14 currency pairs. Along with volume, the indicator will also provide transaction numbers.
Until now, other forex volume indicators have only shown tick volume, only part of the story with nothing about actual order flow. Now, FXCM’s Real Volume/Transactions will bring a pair of critical indicators to trader’s charts, giving them a better trading advantage and can help better confirm price action.
“This is the first in a series of new advanced trading analytics that FXCM will be releasing,” said Drew Niv, CEO of FXCM. “Over the past year on average FXCM does over $15 billion in retail trading volume a day on over 400 thousand transactions providing a free indicator of this nature to sophisticated short term traders is a game changer in the retail FX space.”
FXCM is committed to making technology enhancements, and providing additional advanced market data instruments to its clients.For non-FXCM account holders, FXCM will be publishing volume data for the top 14 traded currency pairs and transaction numbers twice daily on its publicly-accessible news and research website DailyFX.com starting Tuesday June 17 th here: http://www.dailyfx.com/volume For Updates on when the FXCM Real Volume/Transactions Indicator will be available on the live FXCM Trading Station please sign up for alerts here: http://www.fxcmapps.com/trading-station/real-volumetransactions-indicators/ About FXCM Inc. FXCM Inc. (NYSE: FXCM) is a global online provider of foreign exchange (forex) trading and related services to retail and institutional customers world-wide. At the heart of FXCM's client offering is No Dealing Desk forex trading. Clients benefit from FXCM's large network of forex liquidity providers enabling FXCM to offer competitive spreads on major currency pairs. Clients have the advantage of mobile trading, one-click order execution and trading from real-time charts. FXCM's U.K. subsidiary, Forex Capital Markets Limited, also offers CFD products with no re-quote trading and allows clients to trade oil, gold, silver and stock indices along with forex on one platform. In addition, FXCM offers educational courses on forex trading and provides free news and market research through DailyFX.com. Trading foreign exchange and CFDs on margin carries a high level of risk, and may not be suitable for all. Read full disclaimer. Visit www.fxcm.com and follow us on Twitter @FXCM, Facebook FXCM, Google+ FXCM or YouTube FXCM.