Global Forex volumes (and revenue-per-volume?) down in Q4.
FXCM and FxPro (both members of LeapRate's Approved List of Forex firms) both filled us in with the missing pieces of their 2011 volumes yesterday. And while both companies summed up very good years overall – FxPro confirmed its position as one of the leading Europe-based firms with volumes consistently in the $100-billion-per-month range, and FXCM grabbed the #1 global-firm-by-volumes mantle – the volume results of both firms confirmed what we have seen (and written about) from others, especially the Forex ECNs. Simply put, Q4 2011 saw a significant global slowdown in Forex volumes.
For more details see LeapRate's Forex Industry News at leaprate.com.