Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors.

Market Likes FXCM's Q4 (And Feb Volumes) – Stock Up 15%!

|Includes:FXCM Inc. (FXCM), GCAP, KCG

FXCM also reported healthy February volumes.

FXCM logoFXCM, the world's largest retail FX firm (and a member of LeapRate's Approved List of Forex brokerages), reported today its results for the fourth quarter of 2011. Although FXCM had already pre-announced its revenues last week to reassure markets after a disastrous Q4 reported by rival Gain Capital (Forex.com), and had given us Q4 volumes in January, the market was pleasantly surprised by FXCM's full results, sending FXCM stock up about 15% in morning NYSE trading.

Nothing spectacular in FXCM's financial results (see charts below), but after being spooked by Gain Capital's Q4 results last week, it seems as though the market was pleasantly surprised by FXCM's solid quarter, and the lack of negative surprises.

For more details see LeapRate's Forex Industry News at leaprate.com.

Is your Forex firm LeapRate Approved b
Stocks: FXCM, GCAP, KCG