FXCM Inc. (NYSE: FXCM) today announced certain key operating metrics for March 2011 for its retail foreign exchange business. Monthly activities included: March 2011
- Retail customer trading volume (1) 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.
- Active accounts (2) of 139,900 as of March 31, 2011, an increase of 733 or 1% from February 2011, and an increase of 17,717 or 15% from March 2010.